Bank Of Baroda Rupnagar Rupnagar Punjab MICR CODE

Find MICR Codes for Bank Of Baroda Rupnagar Rupnagar Punjab

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Roopnagar
Contact
Bank Details Bank Of Baroda Roopnagar BARB0VJROOP
Location Rupnagar, Rupnagar
City Rupnagar
District Rupnagar
State Punjab
Pincode 140001
Country IN
Address Shop no.24, street no 2, , malhotra colony, bela chowk, , roop nagar , roopnagar , 140001
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 Roopnagar 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, Roopnagar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Roopnagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Roop Nagar >>Roopnagar >>Roopnagar Punjab

MICR code for Bank Of Baroda Roopnagar

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 Roopnagar 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 Roopnagar branch. MICR code for Roopnagar 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 Roopnagar is presented in the table alongside.

Use of Baroda Bank MICR code for Roopnagar branch in rupnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Roopnagar 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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