Bank Of Baroda Nizamabad Nizamabad Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Nizamabad Nizamabad Andhra Pradesh

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MICR Code	503012002
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	Nizamabad Br. A.P.
Contact	08462-235143
Bank Details	Bank Of Baroda Nizamabad Br. A.P. BARB0NIZAMA

Location	Nizamabad, Nizamabad
City	Nizamabad
District	Nizamabad
State	Andhra Pradesh
Pincode	503003
Country	IN
Address	H no-5-6-430, yellammagutta, hyderabad road, nizamabad, andhra pradesh - 503 003.

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 503012002 for Nizamabad Br. A.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 503012002 of Baroda Bank, Nizamabad Br. A.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nizamabad Br. A.P. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Kamareddy Ap >>Nizamabad Br. A.P.

MICR code for Bank Of Baroda Nizamabad Br. A.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 Nizamabad Br. A.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. 503012002 is the MICR code of BOB for Nizamabad Br. A.P. branch. MICR code for Nizamabad Br. A.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 Nizamabad Br. A.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Nizamabad Br. A.P. branch in nizamabad

The MICR code 503012002 is used in RBI cheque clearing process to identify the branch Nizamabad Br. A.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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