Bank Of Baroda North Delhi North Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of Baroda North Delhi North Delhi New Delhi

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Subzi Mandi
Contact
Bank Details Bank Of Baroda Subzi Mandi BARB0DBSUBZ
Location North Delhi, North Delhi
City North Delhi
District North Delhi
State New Delhi
Pincode 110007
Country IN
Address 24/156 shakti nagar, delhi-110007
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 Subzi Mandi 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, Subzi Mandi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Subzi Mandi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Azadpur >>Burari Sant Nagar >>Rohini >>Subzi Mandi

MICR code for Bank Of Baroda Subzi Mandi

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 Subzi Mandi 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 Subzi Mandi branch. MICR code for Subzi Mandi 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 Subzi Mandi is presented in the table alongside.

Use of Baroda Bank MICR code for Subzi Mandi branch in north delhi

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