Bank Of Baroda Madurai Madurai Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Madurai Madurai Tamil Nadu

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MICR Code	625012004
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	Ponmeni Branch
Contact	0452-2601014
Bank Details	Bank Of Baroda Ponmeni Branch BARB0POONME

Location	Madurai, Madurai
City	Madurai
District	Madurai
State	Tamil Nadu
Pincode	625010
Country	IN
Address	Ponmeni branch,3,sakthivelammal road,s.s.colony,madurai,625010

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 625012004 for Ponmeni Branch 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 625012004 of Baroda Bank, Ponmeni Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ponmeni Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Bank Of Baroda are available with micr code -

>>Annanagar >>Chockikulam Branch >>Dindigal >>Ellis Nagar Madurai >>Madurai >>Madurai >>Madurai Branch >>Nagarcoil >>Ponmeni Branch >>Rosarb Madurai >>Tirunelvelli >>Trichy

MICR code for Bank Of Baroda Ponmeni Branch

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 Ponmeni Branch 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. 625012004 is the MICR code of BOB for Ponmeni Branch branch. MICR code for Ponmeni Branch 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 Ponmeni Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ponmeni Branch branch in madurai

The MICR code 625012004 is used in RBI cheque clearing process to identify the branch Ponmeni Branch 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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