Bank Of Baroda Nigohi Shahjahanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Nigohi Shahjahanpur 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 Nigohi Br. Dist. Shahjahanpur U.P.
Contact 05841-275043
Bank Details Bank Of Baroda Nigohi Br. Dist. Shahjahanpur U.P. BARB0NIGOHI
Location Nigohi, Shahjahanpur
City Nigohi
District Shahjahanpur
State Uttar Pradesh
Pincode 242407
Country IN
Address Nigohi, tehsil tilhar, dist. Shahjahanpur, uttar pradesh - 242 407.
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 242012535 for Nigohi Br. Dist. Shahjahanpur U.P. 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 242012535 of Baroda Bank, Nigohi Br. Dist. Shahjahanpur U.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nigohi Br. Dist. Shahjahanpur U.P. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Dandiyabazar Up >>Nigohi Br. Dist. Shahjahanpur U.P. >>Ramnagar Colony Shahjahanpur Up

MICR code for Bank Of Baroda Nigohi Br. Dist. Shahjahanpur U.P.

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 Nigohi Br. Dist. Shahjahanpur U.P. 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. 242012535 is the MICR code of BOB for Nigohi Br. Dist. Shahjahanpur U.P. branch. MICR code for Nigohi Br. Dist. Shahjahanpur U.P. 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 Nigohi Br. Dist. Shahjahanpur U.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Nigohi Br. Dist. Shahjahanpur U.P. branch in nigohi

The MICR code 242012535 is used in RBI cheque clearing process to identify the branch Nigohi Br. Dist. Shahjahanpur U.P. 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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