Bank Of Baroda Gumla Bargaon Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Gumla Bargaon Jharkhand

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MICR Code	-NA-
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	Bargaon
Contact	22-1800223344
Bank Details	Bank Of Baroda Bargaon BARB0BARGAO

Location	Gumla, Bargaon
City	Gumla
District	Bargaon
State	Jharkhand
Pincode	835324
Country	IN
Address	Sisai ghaghra road, vill & po bargaon, ps sisai, dist gumla, jharkhand - 835324

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 0 for Bargaon 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 0 of Baroda Bank, Bargaon branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bargaon 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 -

>>Bargaon

MICR code for Bank Of Baroda Bargaon

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 Bargaon 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. 0 is the MICR code of BOB for Bargaon branch. MICR code for Bargaon 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 Bargaon is presented in the table alongside.

Use of Baroda Bank MICR code for Bargaon branch in gumla

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bargaon 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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