Bank Of Baroda Shahgarh Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Shahgarh Bareilly Uttar Pradesh

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MICR Code	243012102
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	Shahgarh Dist Bareily
Contact	05822-222093
Bank Details	Bank Of Baroda Shahgarh Dist Bareily BARB0SHAHGA

Location	Shahgarh, Bareilly
City	Shahgarh
District	Bareilly
State	Uttar Pradesh
Pincode	243201
Country	IN
Address	Po baheri, dist bareilly, uttar pradesh 243201

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 243012102 for Shahgarh Dist Bareily 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 243012102 of Baroda Bank, Shahgarh Dist Bareily branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shahgarh Dist Bareily 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 -

>>Shahgarh Dist Bareily

MICR code for Bank Of Baroda Shahgarh Dist Bareily

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 Shahgarh Dist Bareily 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. 243012102 is the MICR code of BOB for Shahgarh Dist Bareily branch. MICR code for Shahgarh Dist Bareily 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 Shahgarh Dist Bareily is presented in the table alongside.

Use of Baroda Bank MICR code for Shahgarh Dist Bareily branch in shahgarh

The MICR code 243012102 is used in RBI cheque clearing process to identify the branch Shahgarh Dist Bareily 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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