Bank Of Baroda Ujjain Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Ujjain Ujjain 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 Ved Nagar Br. Ujjain M.P.
Contact 0734-2515072
Bank Details Bank Of Baroda Ved Nagar Br. Ujjain M.P. BARB0VEDUJJ
Location Ujjain, Ujjain
City Ujjain
District Ujjain
State Madhya Pradesh
Pincode 456010
Country IN
Address Ved nagar, nana khera road, ujjain, madhya pradesh - 456 010.
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 456012003 for Ved Nagar Br. Ujjain M.P. 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 456012003 of Baroda Bank, Ved Nagar Br. Ujjain M.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ved Nagar Br. Ujjain M.P. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Freeganj >>Kiloli >>Tilak Marg Ujjain >>Ujjain >>Ujjain Branch >>Ujjain Freganj Mp >>Ved Nagar Br. Ujjain M.P.

MICR code for Bank Of Baroda Ved Nagar Br. Ujjain M.P.

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 Ved Nagar Br. Ujjain M.P. 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. 456012003 is the MICR code of BOB for Ved Nagar Br. Ujjain M.P. branch. MICR code for Ved Nagar Br. Ujjain M.P. 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 Ved Nagar Br. Ujjain M.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Ved Nagar Br. Ujjain M.P. branch in ujjain

The MICR code 456012003 is used in RBI cheque clearing process to identify the branch Ved Nagar Br. Ujjain M.P. 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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