Bank Of Baroda Shrirampur Ahmadnagar Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Shrirampur Ahmadnagar Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shrirampur Branch
Contact 02422-222491
Bank Details Bank Of Baroda Shrirampur Branch BARB0SHRIRA
Location Shrirampur, Ahmadnagar
City Shrirampur
District Ahmadnagar
State Maharashtra
Pincode 413709
Country IN
Address Shrirampur branch,dudhedia bldg shivaji road distt ahmednagar,shrirampur,413709
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 413012301 for Shrirampur 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 413012301 of Baroda Bank, Shrirampur Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shrirampur Branch 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 -

>>Shrirampur Branch

MICR code for Bank Of Baroda Shrirampur 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 Shrirampur 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. 413012301 is the MICR code of BOB for Shrirampur Branch branch. MICR code for Shrirampur 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 Shrirampur Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Shrirampur Branch branch in shrirampur

The MICR code 413012301 is used in RBI cheque clearing process to identify the branch Shrirampur 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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