Bank Of Baroda Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Bank Of Baroda Panchkula Panchkula Haryana

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MICR Code	160012006
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	Sco 56 Branch
Contact	0172-2567276
Bank Details	Bank Of Baroda Sco 56 Branch BARB0BLYPAN

Location	Panchkula, Panchkula
City	Panchkula
District	Panchkula
State	Haryana
Pincode	134109
Country	IN
Address	Sco - 56 branch,sector 8 panchkula,panchkula,134109

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 160012006 for Sco 56 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 160012006 of Baroda Bank, Sco 56 Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sco 56 Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Bank Of Baroda are available with micr code -

>>Mansa Devi Complex >>Panchkula >>Panchkula >>Panchkula Branch >>Panchkula Haryana >>Panchkula Sec >>Pinijore >>Sco 56 Branch >>Sec Panchkul >>Sec Panchkula >>Sector Twenty Five Panchkula >>Sector Twenty Panchkula

MICR code for Bank Of Baroda Sco 56 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 Sco 56 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. 160012006 is the MICR code of BOB for Sco 56 Branch branch. MICR code for Sco 56 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 Sco 56 Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Sco 56 Branch branch in panchkula

The MICR code 160012006 is used in RBI cheque clearing process to identify the branch Sco 56 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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