Bank Of Baroda Nasik Nasik Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Nasik Nasik Maharashtra

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State
District
City
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Address

MICR Code	-NA-
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Nimgaon Madh
Contact
Bank Details	Bank Of Baroda Nimgaon Madh BARB0DBNIMG

Location	Nasik, Nasik
City	Nasik
District	Nasik
State	Maharashtra
Pincode	423401
Country	IN
Address	Nimgaon madhyeola nashik nashik maharashtra 423401

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 0 for Nimgaon Madh 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 0 of Baroda Bank, Nimgaon Madh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nimgaon Madh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 41 branches of Bank Of Baroda are available with micr code -

>>Adgaon Naka Panchavati >>Bank Of Baroda Sarb Nasik >>Bhadrakali Nashik >>Borgaon >>Brahmangaon >>Deola >>Deolali Camp >>Dhakambe >>Dhamangaon >>Dharangaon Vir >>Gangapur Road >>Harsulpaint >>Igatpuri >>Indira Nagar >>Janori >>Jaulakedindori >>Khutward Nagar >>Lohoner Savaki >>Malegaon Camp >>Malegaon City >>Manmad >>Munjwad >>Musalgaon >>Nampur >>Nandgaon >>Nasik Road >>Nimgaon Madh >>Niphad >>Pimpalgaon Baswant >>Ramshej >>Ravalgaon >>Raviwar Karanja Nashik >>Satana >>Saykheda >>Sinnar Industrial Estate Nashi >>Surgana >>Taharabad >>Tryambak >>Vinchur >>Yeola >>Yeshwant Nagar

MICR code for Bank Of Baroda Nimgaon Madh

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 Nimgaon Madh 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. 0 is the MICR code of BOB for Nimgaon Madh branch. MICR code for Nimgaon Madh 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 Nimgaon Madh is presented in the table alongside.

Use of Baroda Bank MICR code for Nimgaon Madh branch in nasik

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nimgaon Madh 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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