Bank Of Baroda Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Bank Of Baroda Faridabad Faridabad Haryana

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector16 Faridabad Haryana
Contact 011-23752274
Bank Details Bank Of Baroda Sector16 Faridabad Haryana BARB0SCOFAR
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121002
Country IN
Address Sco no 3,sector 16,faridabad,haryana – 121002.
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 110012154 for Sector16 Faridabad Haryana 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 110012154 of Baroda Bank, Sector16 Faridabad Haryana branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sector16 Faridabad Haryana branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Sector16 Faridabad Haryana

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 Sector16 Faridabad Haryana 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. 110012154 is the MICR code of BOB for Sector16 Faridabad Haryana branch. MICR code for Sector16 Faridabad Haryana 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 Sector16 Faridabad Haryana is presented in the table alongside.

Use of Baroda Bank MICR code for Sector16 Faridabad Haryana branch in faridabad

The MICR code 110012154 is used in RBI cheque clearing process to identify the branch Sector16 Faridabad Haryana 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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