Bank Of Baroda Patoda Nashik Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Patoda Nashik Maharashtra

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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	Patoda Br. Dist. Nasik Maharashtra
Contact	02559-262224
Bank Details	Bank Of Baroda Patoda Br. Dist. Nasik Maharashtra BARB0PATODA

Location	Patoda, Nashik
City	Patoda
District	Nashik
State	Maharashtra
Pincode	414204
Country	IN
Address	Patoda,tal- yeola, dist. Nasik, maharashtra - 414 204.

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 Patoda Br. Dist. Nasik Maharashtra 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, Patoda Br. Dist. Nasik Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Patoda Br. Dist. Nasik Maharashtra 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 -

>>Patoda Br. Dist. Nasik Maharashtra

MICR code for Bank Of Baroda Patoda Br. Dist. Nasik Maharashtra

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 Patoda Br. Dist. Nasik Maharashtra 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 Patoda Br. Dist. Nasik Maharashtra branch. MICR code for Patoda Br. Dist. Nasik Maharashtra 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 Patoda Br. Dist. Nasik Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Patoda Br. Dist. Nasik Maharashtra branch in patoda

The MICR code 0 is used in RBI cheque clearing process to identify the branch Patoda Br. Dist. Nasik Maharashtra 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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