Bank Of Baroda Allahabad Allahabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Allahabad Allahabad Uttar Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Up Rajarshi Tandon Open University
Contact
Bank Details Bank Of Baroda Up Rajarshi Tandon Open University BARB0VJRTOU
Location Allahabad, Allahabad
City Allahabad
District Allahabad
State Uttar Pradesh
Pincode 211013
Country IN
Address Uttar pradesh rajarshi tandon open university university campus shantipuram allahabad uttar pradesh 211013
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 Up Rajarshi Tandon Open University 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, Up Rajarshi Tandon Open University branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Up Rajarshi Tandon Open University branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Up Rajarshi Tandon Open University

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 Up Rajarshi Tandon Open University 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 Up Rajarshi Tandon Open University branch. MICR code for Up Rajarshi Tandon Open University 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 Up Rajarshi Tandon Open University is presented in the table alongside.

Use of Baroda Bank MICR code for Up Rajarshi Tandon Open University branch in allahabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Up Rajarshi Tandon Open University 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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