Bank Of Baroda Rajpura Patiala Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Rajpura Patiala Punjab

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajpura Dist Patiala
Contact 01762-500332
Bank Details Bank Of Baroda Rajpura Dist Patiala BARB0RAJPAT
Location Rajpura, Patiala
City Rajpura
District Patiala
State Punjab
Pincode 140401
Country IN
Address 16-d, calibre market, rajpura, patiala, punjab - 140 401
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 140012402 for Rajpura Dist Patiala 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 140012402 of Baroda Bank, Rajpura Dist Patiala branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rajpura Dist Patiala branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Rajpura >>Rajpura Dist Patiala

MICR code for Bank Of Baroda Rajpura Dist Patiala

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 Rajpura Dist Patiala 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. 140012402 is the MICR code of BOB for Rajpura Dist Patiala branch. MICR code for Rajpura Dist Patiala 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 Rajpura Dist Patiala is presented in the table alongside.

Use of Baroda Bank MICR code for Rajpura Dist Patiala branch in rajpura

The MICR code 140012402 is used in RBI cheque clearing process to identify the branch Rajpura Dist Patiala 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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