Bank Of Baroda Powayan Saharanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Powayan Saharanpur Uttar Pradesh

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MICR Code	242012537
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	Powayan Dist Shahjahanpur
Contact	05844-231075
Bank Details	Bank Of Baroda Powayan Dist Shahjahanpur BARB0POWAYA

Location	Powayan, Saharanpur
City	Powayan
District	Saharanpur
State	Uttar Pradesh
Pincode	242401
Country	IN
Address	Powayan dist shahjahanpur , up 242401

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 242012537 for Powayan Dist Shahjahanpur 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 242012537 of Baroda Bank, Powayan Dist Shahjahanpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Powayan Dist Shahjahanpur 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 -

>>Powayan Dist Shahjahanpur

MICR code for Bank Of Baroda Powayan Dist Shahjahanpur

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 Powayan Dist Shahjahanpur 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. 242012537 is the MICR code of BOB for Powayan Dist Shahjahanpur branch. MICR code for Powayan Dist Shahjahanpur 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 Powayan Dist Shahjahanpur is presented in the table alongside.

Use of Baroda Bank MICR code for Powayan Dist Shahjahanpur branch in powayan

The MICR code 242012537 is used in RBI cheque clearing process to identify the branch Powayan Dist Shahjahanpur 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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