Bank Of Baroda Petlawad Jhabua Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Petlawad Jhabua Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Petlawad Dist Jhabua
Contact 07391-265436
Bank Details Bank Of Baroda Petlawad Dist Jhabua BARB0PETLAW
Location Petlawad, Jhabua
City Petlawad
District Jhabua
State Madhya Pradesh
Pincode 457773
Country IN
Address 27, jawahar marg,petalwad,jhabua-457773 ,madhya pradesh
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 457012503 for Petlawad Dist Jhabua 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 457012503 of Baroda Bank, Petlawad Dist Jhabua branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Petlawad Dist Jhabua 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 -

>>Petlawad Dist Jhabua

MICR code for Bank Of Baroda Petlawad Dist Jhabua

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 Petlawad Dist Jhabua 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. 457012503 is the MICR code of BOB for Petlawad Dist Jhabua branch. MICR code for Petlawad Dist Jhabua 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 Petlawad Dist Jhabua is presented in the table alongside.

Use of Baroda Bank MICR code for Petlawad Dist Jhabua branch in petlawad

The MICR code 457012503 is used in RBI cheque clearing process to identify the branch Petlawad Dist Jhabua 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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