Bank Of Baroda Bagbahara Bagbahara Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Bagbahara Bagbahara Chhattisgarh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bagbahra District Mahasamund Chhattisgarh
Contact
Bank Details Bank Of Baroda Bagbahra District Mahasamund Chhattisgarh BARB0BAGBAH
Location Bagbahara, Bagbahara
City Bagbahara
District Bagbahara
State Chhattisgarh
Pincode 493449
Country IN
Address Babu sagarchand ward no  - 2,main road bagbahra,district – mahasamund,chhattisgarh  - 493 449
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 493012501 for Bagbahra District Mahasamund Chhattisgarh 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 493012501 of Baroda Bank, Bagbahra District Mahasamund Chhattisgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bagbahra District Mahasamund Chhattisgarh 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 -

>>Bagbahra District Mahasamund Chhattisgarh

MICR code for Bank Of Baroda Bagbahra District Mahasamund Chhattisgarh

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 Bagbahra District Mahasamund Chhattisgarh 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. 493012501 is the MICR code of BOB for Bagbahra District Mahasamund Chhattisgarh branch. MICR code for Bagbahra District Mahasamund Chhattisgarh 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 Bagbahra District Mahasamund Chhattisgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Bagbahra District Mahasamund Chhattisgarh branch in bagbahara

The MICR code 493012501 is used in RBI cheque clearing process to identify the branch Bagbahra District Mahasamund Chhattisgarh 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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