Bank Of Baroda Deogarh Deogarh Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Deogarh Deogarh Orissa

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Debagarh Orissa
Contact 0657-2449228
Bank Details Bank Of Baroda Debagarh Orissa BARB0DEBAGA
Location Deogarh, Deogarh
City Deogarh
District Deogarh
State Orissa
Pincode 768108
Country IN
Address Kargil chowk,deogarh dist,deogarh,orissa – 768108.
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 768012102 for Debagarh 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 768012102 of Baroda Bank, Debagarh Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Debagarh Orissa 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 -

>>Debagarh Orissa

MICR code for Bank Of Baroda Debagarh 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 Debagarh 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. 768012102 is the MICR code of BOB for Debagarh Orissa branch. MICR code for Debagarh 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 Debagarh Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Debagarh Orissa branch in deogarh

The MICR code 768012102 is used in RBI cheque clearing process to identify the branch Debagarh 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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