Bank Of Baroda Akaltara Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Akaltara Janjgir Champa Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495012101
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	Akaltara
Contact	1800223344
Bank Details	Bank Of Baroda Akaltara BARB0AKALTA

Location	Akaltara, Janjgir Champa
City	Akaltara
District	Janjgir Champa
State	Chhattisgarh
Pincode	495552
Country	IN
Address	Main road, ward no-15, shivnarayan road, akaltara, district- janjgir champa, chhatisgarh-495552

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 495012101 for Akaltara 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 495012101 of Baroda Bank, Akaltara branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Akaltara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Akaltara

MICR code for Bank Of Baroda Akaltara

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 Akaltara 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. 495012101 is the MICR code of BOB for Akaltara branch. MICR code for Akaltara 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 Akaltara is presented in the table alongside.

Use of Baroda Bank MICR code for Akaltara branch in akaltara

The MICR code 495012101 is used in RBI cheque clearing process to identify the branch Akaltara 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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