Bank Of Baroda Budaun Budaun Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Budaun Budaun Uttar Pradesh

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MICR Code	243012202
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	Rais Market Badaun
Contact	05832-224511
Bank Details	Bank Of Baroda Rais Market Badaun BARB0BADAUN

Location	Budaun, Budaun
City	Budaun
District	Budaun
State	Uttar Pradesh
Pincode	243601
Country	IN
Address	Six road,rais market, baudaun 243601

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 243012202 for Rais Market Badaun 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 243012202 of Baroda Bank, Rais Market Badaun branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rais Market Badaun branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Budaun >>Byaur Badaun Up >>Halwai Chowk Badaun >>Rais Market Badaun

MICR code for Bank Of Baroda Rais Market Badaun

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 Rais Market Badaun 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. 243012202 is the MICR code of BOB for Rais Market Badaun branch. MICR code for Rais Market Badaun 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 Rais Market Badaun is presented in the table alongside.

Use of Baroda Bank MICR code for Rais Market Badaun branch in budaun

The MICR code 243012202 is used in RBI cheque clearing process to identify the branch Rais Market Badaun 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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