Bank Of Baroda Shamsabad Rangareddi Telangana MICR CODE

Find MICR Codes for Bank Of Baroda Shamsabad Rangareddi Telangana

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Address

MICR Code	-NA-
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	Shamshabad
Contact
Bank Details	Bank Of Baroda Shamshabad BARB0VJSBAD

Location	Shamsabad, Rangareddi
City	Shamsabad
District	Rangareddi
State	Telangana
Pincode	501218
Country	IN
Address	Plot no.240,madhura nagar , opp.priyanka gas , shamshabad,dist.ranga reddy , hyderabad , 501218

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 0 for Shamshabad 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 0 of Baroda Bank, Shamshabad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shamshabad 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 -

>>Shamshabad

MICR code for Bank Of Baroda Shamshabad

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 Shamshabad 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. 0 is the MICR code of BOB for Shamshabad branch. MICR code for Shamshabad 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 Shamshabad is presented in the table alongside.

Use of Baroda Bank MICR code for Shamshabad branch in shamsabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shamshabad 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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