Bank Of Baroda Piparia Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Piparia Hoshangabad Madhya Pradesh

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MICR Code	461012301
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	Pipariya Mp
Contact	9301354420
Bank Details	Bank Of Baroda Pipariya Mp BARB0PIPHOS

Location	Piparia, Hoshangabad
City	Piparia
District	Hoshangabad
State	Madhya Pradesh
Pincode	461775
Country	IN
Address	Mohta plot,tilak ward,dist hoshanga,pipariya,madhya pradesh-461775

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 461012301 for Pipariya Mp 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 461012301 of Baroda Bank, Pipariya Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Pipariya Mp 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 -

>>Pipariya Mp

MICR code for Bank Of Baroda Pipariya Mp

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 Pipariya Mp 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. 461012301 is the MICR code of BOB for Pipariya Mp branch. MICR code for Pipariya Mp 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 Pipariya Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Pipariya Mp branch in piparia

The MICR code 461012301 is used in RBI cheque clearing process to identify the branch Pipariya Mp 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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