Bank Of Baroda Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Bhopal Bhopal Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Regional Sarb Fai
Contact 1800223344
Bank Details Bank Of Baroda Regional Sarb Fai BARB0SARBHP
Location Bhopal, Bhopal
City Bhopal
District Bhopal
State Madhya Pradesh
Pincode
Country IN
Address C1/c2 commercial complex awadhpuri phase ii post office anand
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 0 for Regional Sarb Fai 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 0 of Baroda Bank, Regional Sarb Fai branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Regional Sarb Fai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Regional Sarb Fai

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 Regional Sarb Fai 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. 0 is the MICR code of BOB for Regional Sarb Fai branch. MICR code for Regional Sarb Fai 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 Regional Sarb Fai is presented in the table alongside.

Use of Baroda Bank MICR code for Regional Sarb Fai branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Regional Sarb Fai 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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