Bank Of Baroda Vasai Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Vasai Thane Maharashtra

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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	Vasaigon Mh
Contact	1800223344
Bank Details	Bank Of Baroda Vasaigon Mh BARB0VASAIG

Location	Vasai, Thane
City	Vasai
District	Thane
State	Maharashtra
Pincode	401201
Country	IN
Address	Survey no 1887,ground floor,parnaka near janaki talkies,tal vasai,dist thane,maharashtra – 401201.

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

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Vasai East Branch >>Vasai Road (West) Br. Dist. Thane Maharashtra >>Vasaigon Mh

MICR code for Bank Of Baroda Vasaigon Mh

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 Vasaigon Mh 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 Vasaigon Mh branch. MICR code for Vasaigon Mh 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 Vasaigon Mh is presented in the table alongside.

Use of Baroda Bank MICR code for Vasaigon Mh branch in vasai

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