Bank Of Baroda Satara Satara Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Satara Satara Maharashtra

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State
District
City
Branch
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	Surwadi
Contact
Bank Details	Bank Of Baroda Surwadi BARB0DBSURW

Location	Satara, Satara
City	Satara
District	Satara
State	Maharashtra
Pincode	415528
Country	IN
Address	M no 859 opp midc at post surwdi talphaltan dist satara phaltan parbhani maharashtra 415528

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 Surwadi 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, Surwadi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Surwadi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bank Of Baroda are available with micr code -

>>Jihe >>Karad Pune >>Phaltan >>Satara >>Satara >>Satara >>Surwadi >>Vadoli Nileshwar >>Wai

MICR code for Bank Of Baroda Surwadi

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 Surwadi 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 Surwadi branch. MICR code for Surwadi 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 Surwadi is presented in the table alongside.

Use of Baroda Bank MICR code for Surwadi branch in satara

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