Bank Of Baroda Balaghat Karauli Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Balaghat Karauli Rajasthan

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balaghat Rajasthan
Contact 07461-24570
Bank Details Bank Of Baroda Balaghat Rajasthan BARB0BALAGH
Location Balaghat, Karauli
City Balaghat
District Karauli
State Rajasthan
Pincode 322255
Country IN
Address V&p. Balghat teh.toda bhim distt. Karauli, dist.balaghat, rajasthan
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 322012585 for Balaghat Rajasthan 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 322012585 of Baroda Bank, Balaghat Rajasthan branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Balaghat Rajasthan 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 -

>>Balaghat Rajasthan

MICR code for Bank Of Baroda Balaghat Rajasthan

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 Balaghat Rajasthan 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. 322012585 is the MICR code of BOB for Balaghat Rajasthan branch. MICR code for Balaghat Rajasthan 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 Balaghat Rajasthan is presented in the table alongside.

Use of Baroda Bank MICR code for Balaghat Rajasthan branch in balaghat

The MICR code 322012585 is used in RBI cheque clearing process to identify the branch Balaghat Rajasthan 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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