Bank Of Baroda Patonde Jalgaon Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Patonde Jalgaon Maharashtra

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MICR Code	425012505
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	Patonda Maharashtra
Contact
Bank Details	Bank Of Baroda Patonda Maharashtra BARB0PATOND

Location	Patonde, Jalgaon
City	Patonde
District	Jalgaon
State	Maharashtra
Pincode	425401
Country	IN
Address	Patonde, tal.amalner, dist.jalgaon, maharashtra - 425 401.

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 425012505 for Patonda 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 425012505 of Baroda Bank, Patonda Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Patonda 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 -

>>Patonda Maharashtra

MICR code for Bank Of Baroda Patonda 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 Patonda 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. 425012505 is the MICR code of BOB for Patonda Maharashtra branch. MICR code for Patonda 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 Patonda Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Patonda Maharashtra branch in patonde

The MICR code 425012505 is used in RBI cheque clearing process to identify the branch Patonda 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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