Bank Of Baroda Aurangabad Aurangabad Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Aurangabad Aurangabad Maharashtra

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MICR Code	431012004
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	Samrat Ngr Branch
Contact	0240-2334208
Bank Details	Bank Of Baroda Samrat Ngr Branch BARB0SAMART

Location	Aurangabad, Aurangabad
City	Aurangabad
District	Aurangabad
State	Maharashtra
Pincode	431001
Country	IN
Address	110, triveni near varad ganesh temple, samarthnagar, aurangabad 431001

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 431012004 for Samrat Ngr Branch 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 431012004 of Baroda Bank, Samrat Ngr Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Samrat Ngr Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of Baroda are available with micr code -

>>Anand Nagar Nanded >>Aurangabad >>Aurangabad Branch >>Bangala Tanda >>Cidco Aurangabad Mh >>Garkheda Branch >>Kranti Chowk Aurangabad >>Lohegaon >>Mukundwadi Aurangabad >>Pimpalwadi >>Sahakar Nagar >>Samrat Ngr Branch >>Sarb Aurangabad >>Shendra Ban

MICR code for Bank Of Baroda Samrat Ngr Branch

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 Samrat Ngr Branch 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. 431012004 is the MICR code of BOB for Samrat Ngr Branch branch. MICR code for Samrat Ngr Branch 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 Samrat Ngr Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Samrat Ngr Branch branch in aurangabad

The MICR code 431012004 is used in RBI cheque clearing process to identify the branch Samrat Ngr Branch 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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