Bank Of Baroda Parwanoo Solan Himachal Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Parwanoo Solan Himachal Pradesh

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MICR Code	160012007
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	Taksal Parwanoo
Contact	01792-233234/234155
Bank Details	Bank Of Baroda Taksal Parwanoo BARB0TAKSAL

Location	Parwanoo, Solan
City	Parwanoo
District	Solan
State	Himachal Pradesh
Pincode	173220
Country	IN
Address	Hotel windsmoor bldg,sector-2, parwanoo(taksal),dist solan 173220

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 160012007 for Taksal Parwanoo 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 160012007 of Baroda Bank, Taksal Parwanoo branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Taksal Parwanoo 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 -

>>Taksal Parwanoo

MICR code for Bank Of Baroda Taksal Parwanoo

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 Taksal Parwanoo 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. 160012007 is the MICR code of BOB for Taksal Parwanoo branch. MICR code for Taksal Parwanoo 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 Taksal Parwanoo is presented in the table alongside.

Use of Baroda Bank MICR code for Taksal Parwanoo branch in parwanoo

The MICR code 160012007 is used in RBI cheque clearing process to identify the branch Taksal Parwanoo 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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