Bank Of Baroda Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Cuttack Cuttack Orissa

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Cdacuttack Orissa
Contact 0674-2517435
Bank Details Bank Of Baroda Cdacuttack Orissa BARB0CUTCDA
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 753014
Country IN
Address Plot no cm 2 b 1st floor,sec 7, new market,near police station,cda cuttack,orissa – 753014.
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 753012005 for Cdacuttack Orissa 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 753012005 of Baroda Bank, Cdacuttack Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Cdacuttack Orissa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Cdacuttack Orissa

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 Cdacuttack Orissa 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. 753012005 is the MICR code of BOB for Cdacuttack Orissa branch. MICR code for Cdacuttack Orissa 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 Cdacuttack Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Cdacuttack Orissa branch in cuttack

The MICR code 753012005 is used in RBI cheque clearing process to identify the branch Cdacuttack Orissa 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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