Bank Of Baroda Vijayawada Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Vijayawada Krishna Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijaywada Vijaywada
Contact 0866-2574295-96
Bank Details Bank Of Baroda Vijaywada Vijaywada BARB0VIJAYA
Location Vijayawada, Krishna
City Vijayawada
District Krishna
State Andhra Pradesh
Pincode 520002
Country IN
Address Pb no.308, 29-36-4, musuem road, governerpet,
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 520012001 for Vijaywada Vijaywada 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 520012001 of Baroda Bank, Vijaywada Vijaywada branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Vijaywada Vijaywada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Bank Of Baroda are available with micr code -

>>Benz Circle Branch >>Eluru Road >>Gollapudi >>Ntr Colony Vijayawada >>Onetown Vijayawada >>Patamata Vijayawada >>Vijayawadaone Town >>Vijaywada Vijaywada

MICR code for Bank Of Baroda Vijaywada Vijaywada

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 Vijaywada Vijaywada 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. 520012001 is the MICR code of BOB for Vijaywada Vijaywada branch. MICR code for Vijaywada Vijaywada 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 Vijaywada Vijaywada is presented in the table alongside.

Use of Baroda Bank MICR code for Vijaywada Vijaywada branch in vijayawada

The MICR code 520012001 is used in RBI cheque clearing process to identify the branch Vijaywada Vijaywada 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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