Bank Of Baroda Udaigarh Jhabua Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Udaigarh Jhabua Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Udaigarh Mp
Contact 07393-243582
Bank Details Bank Of Baroda Udaigarh Mp BARB0UDAIGA
Location Udaigarh, Jhabua
City Udaigarh
District Jhabua
State Madhya Pradesh
Pincode 457994
Country IN
Address Main road, udaigarh, jhabua, bhopal, madhya pradesh- 457994
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 457012507 for Udaigarh Mp 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 457012507 of Baroda Bank, Udaigarh Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Udaigarh Mp 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 -

>>Udaigarh Mp

MICR code for Bank Of Baroda Udaigarh Mp

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 Udaigarh Mp 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. 457012507 is the MICR code of BOB for Udaigarh Mp branch. MICR code for Udaigarh Mp 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 Udaigarh Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Udaigarh Mp branch in udaigarh

The MICR code 457012507 is used in RBI cheque clearing process to identify the branch Udaigarh Mp 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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