Bank Of Baroda Vidisha Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Vidisha Vidisha 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 Vidisha M.P.
Contact 07592-237433
Bank Details Bank Of Baroda Vidisha M.P. BARB0VIDISH
Location Vidisha, Vidisha
City Vidisha
District Vidisha
State Madhya Pradesh
Pincode 464001
Country IN
Address Kiri mohalla, veer hakikat rai marg, vidisha,m.p.- 464001
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 464012001 for Vidisha 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 464012001 of Baroda Bank, Vidisha M.P. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Vidisha M.P. branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Ganj Basoda Mp >>Vidisha >>Vidisha >>Vidisha M.P.

MICR code for Bank Of Baroda Vidisha 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 Vidisha 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. 464012001 is the MICR code of BOB for Vidisha M.P. branch. MICR code for Vidisha 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 Vidisha M.P. is presented in the table alongside.

Use of Baroda Bank MICR code for Vidisha M.P. branch in vidisha

The MICR code 464012001 is used in RBI cheque clearing process to identify the branch Vidisha 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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