Bank Of Baroda Mandhal Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Mandhal Nagpur Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tilak Road Maharashtra
Contact 0712-2523898
Bank Details Bank Of Baroda Tilak Road Maharashtra BARB0TILNAG
Location Mandhal, Nagpur
City Mandhal
District Nagpur
State Maharashtra
Pincode 440032
Country IN
Address Shree renuka plaza,house no 6,6-a,ward no-8,tilak road,mahal,nagpur,maharashtra – 440032.
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 Tilak Road Maharashtra 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, Tilak Road Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Tilak Road Maharashtra 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 -

>>Tilak Road Maharashtra

MICR code for Bank Of Baroda Tilak Road Maharashtra

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 Tilak Road Maharashtra 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 Tilak Road Maharashtra branch. MICR code for Tilak Road Maharashtra 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 Tilak Road Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Tilak Road Maharashtra branch in mandhal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Tilak Road Maharashtra 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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