Bank Of Baroda Kanpur Kanpur City Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Kanpur Kanpur City Uttar Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratanlal Nagar Up
Contact 0512-2215171
Bank Details Bank Of Baroda Ratanlal Nagar Up BARB0RATANL
Location Kanpur, Kanpur City
City Kanpur
District Kanpur City
State Uttar Pradesh
Pincode 208022
Country IN
Address 572, block-rn,yojna-2,ratan lal nagar,kanpur,up - 208022.
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 280012072 for Ratanlal Nagar Up 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 280012072 of Baroda Bank, Ratanlal Nagar Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ratanlal Nagar Up branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Ratanlal Nagar Up

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 Ratanlal Nagar Up 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. 280012072 is the MICR code of BOB for Ratanlal Nagar Up branch. MICR code for Ratanlal Nagar Up 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 Ratanlal Nagar Up is presented in the table alongside.

Use of Baroda Bank MICR code for Ratanlal Nagar Up branch in kanpur

The MICR code 280012072 is used in RBI cheque clearing process to identify the branch Ratanlal Nagar Up 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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