Bank Of Baroda Jamshedpur Paschimi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Jamshedpur Paschimi Singhbhum Jharkhand

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Golmuri Branch
Contact 0657-2341202
Bank Details Bank Of Baroda Golmuri Branch BARB0GOLMUR
Location Jamshedpur, Paschimi Singhbhum
City Jamshedpur
District Paschimi Singhbhum
State Jharkhand
Pincode 831003
Country IN
Address Golmuri branch, akashdeep plaza, golmuri market, golmuri, jamshedpur, 831003
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 831012003 for Golmuri Branch 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 831012003 of Baroda Bank, Golmuri Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Golmuri Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Bhuiyadih Branch >>Burmamines Market Jamshedpur >>Golmuri Branch >>Jamshedpur M Branch >>Sonari Branch >>Ssi Branch Branch >>Tisco Jamshedpur

MICR code for Bank Of Baroda Golmuri Branch

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 Golmuri Branch 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. 831012003 is the MICR code of BOB for Golmuri Branch branch. MICR code for Golmuri Branch 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 Golmuri Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Golmuri Branch branch in jamshedpur

The MICR code 831012003 is used in RBI cheque clearing process to identify the branch Golmuri Branch 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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