Bank Of Baroda Not Available Cuddapah Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Not Available Cuddapah Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Proddatur New Delhi
Contact 0261-2460783
Bank Details Bank Of Baroda Proddatur New Delhi BARB0PRODDA
Location Not Available, Cuddapah
City Not Available
District Cuddapah
State Andhra Pradesh
Pincode 516360
Country IN
Address H no 7-322,holmespet,dist – ysr,proddatur,andhra pradesh - 516360.
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 516012102 for Proddatur New Delhi 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 516012102 of Baroda Bank, Proddatur New Delhi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Proddatur New Delhi 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 -

>>Proddatur New Delhi

MICR code for Bank Of Baroda Proddatur New Delhi

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 Proddatur New Delhi 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. 516012102 is the MICR code of BOB for Proddatur New Delhi branch. MICR code for Proddatur New Delhi 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 Proddatur New Delhi is presented in the table alongside.

Use of Baroda Bank MICR code for Proddatur New Delhi branch in not available

The MICR code 516012102 is used in RBI cheque clearing process to identify the branch Proddatur New Delhi 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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