Bank Of Baroda Newada Kaushambi Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Newada Kaushambi Uttar Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Newada Up
Contact 0532-2742314
Bank Details Bank Of Baroda Newada Up BARB0NEWADA
Location Newada, Kaushambi
City Newada
District Kaushambi
State Uttar Pradesh
Pincode 212212
Country IN
Address Vill.& p.o.newada, dist.kaushambi, uttar pradesh - 212 212.
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 211012529 for Newada Up branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 211012529 of Baroda Bank, Newada Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Newada Up branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Newada Up

MICR code for Bank Of Baroda Newada Up

Bank Of Baroda MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Baroda Bank MICR code for Newada Up is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 211012529 is the MICR code of BOB for Newada Up branch. MICR code for Newada Up branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Baroda Bank Newada Up is presented in the table alongside.

Use of Baroda Bank MICR code for Newada Up branch in newada

The MICR code 211012529 is used in RBI cheque clearing process to identify the branch Newada Up and Baroda Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of BOB is typically in either of these two font’s: E-138 and CMC-7.

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