Bank Of Baroda New Mumbai Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda New Mumbai Thane Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Seawood Navi Mumbai
Contact
Bank Details Bank Of Baroda Seawood Navi Mumbai BARB0SEAWOO
Location New Mumbai, Thane
City New Mumbai
District Thane
State Maharashtra
Pincode 400076
Country IN
Address Shop no.5 to 8, dhara complex, plot no.3&4, sector 4a, nerul, navi mumbai, maharashtra - 400 076.
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 400012129 for Seawood Navi Mumbai 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 400012129 of Baroda Bank, Seawood Navi Mumbai branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Seawood Navi Mumbai 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 -

>>Seawood Navi Mumbai

MICR code for Bank Of Baroda Seawood Navi Mumbai

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 Seawood Navi Mumbai 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. 400012129 is the MICR code of BOB for Seawood Navi Mumbai branch. MICR code for Seawood Navi Mumbai 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 Seawood Navi Mumbai is presented in the table alongside.

Use of Baroda Bank MICR code for Seawood Navi Mumbai branch in new mumbai

The MICR code 400012129 is used in RBI cheque clearing process to identify the branch Seawood Navi Mumbai 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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