Bank Of Baroda Peddapalli Karimnagar Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Peddapalli Karimnagar Andhra Pradesh

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MICR Code	505012582
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	Peddapalli Ap
Contact	1800223344
Bank Details	Bank Of Baroda Peddapalli Ap BARB0PEDDAP

Location	Peddapalli, Karimnagar
City	Peddapalli
District	Karimnagar
State	Andhra Pradesh
Pincode	505172
Country	IN
Address	4 5 148 kaman to jhanda road,dist karimnagar,peddapalli,andhra pradesh – 505172.

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 505012582 for Peddapalli Ap 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 505012582 of Baroda Bank, Peddapalli Ap branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Peddapalli Ap 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 -

>>Peddapalli Ap

MICR code for Bank Of Baroda Peddapalli Ap

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 Peddapalli Ap 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. 505012582 is the MICR code of BOB for Peddapalli Ap branch. MICR code for Peddapalli Ap 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 Peddapalli Ap is presented in the table alongside.

Use of Baroda Bank MICR code for Peddapalli Ap branch in peddapalli

The MICR code 505012582 is used in RBI cheque clearing process to identify the branch Peddapalli Ap 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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