Bank Of Baroda Not Available Hyderabad Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Not Available Hyderabad Tamil Nadu

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Santosh Nagar Hyderabad Ap
Contact 040-23421602
Bank Details Bank Of Baroda Santosh Nagar Hyderabad Ap BARB0SANHYD
Location Not Available, Hyderabad
City Not Available
District Hyderabad
State Tamil Nadu
Pincode 500059
Country IN
Address Hn 17 – 1 – 382b – 11,sagar road,santosh nagar,hyderabad,ap - 500059.
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 500012038 for Santosh Nagar Hyderabad Ap 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 500012038 of Baroda Bank, Santosh Nagar Hyderabad Ap branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Santosh Nagar Hyderabad Ap branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Santosh Nagar Hyderabad Ap

MICR code for Bank Of Baroda Santosh Nagar Hyderabad Ap

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 Santosh Nagar Hyderabad Ap 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. 500012038 is the MICR code of BOB for Santosh Nagar Hyderabad Ap branch. MICR code for Santosh Nagar Hyderabad Ap 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 Santosh Nagar Hyderabad Ap is presented in the table alongside.

Use of Baroda Bank MICR code for Santosh Nagar Hyderabad Ap branch in not available

The MICR code 500012038 is used in RBI cheque clearing process to identify the branch Santosh Nagar Hyderabad Ap 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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