Bank Of Baroda Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Varanasi Varanasi Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gyanpur Dist Sant Ravidas Nagar
Contact 05414-250229
Bank Details Bank Of Baroda Gyanpur Dist Sant Ravidas Nagar BARB0GYANBS
Location Varanasi, Varanasi
City Varanasi
District Varanasi
State Uttar Pradesh
Pincode 225001
Country IN
Address Gyanpur, dt.st ravidas nagar,pin-225001. (u.p.)
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 231012153 for Gyanpur Dist Sant Ravidas Nagar 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 231012153 of Baroda Bank, Gyanpur Dist Sant Ravidas Nagar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gyanpur Dist Sant Ravidas Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Gyanpur Dist Sant Ravidas Nagar

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 Gyanpur Dist Sant Ravidas Nagar 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. 231012153 is the MICR code of BOB for Gyanpur Dist Sant Ravidas Nagar branch. MICR code for Gyanpur Dist Sant Ravidas Nagar 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 Gyanpur Dist Sant Ravidas Nagar is presented in the table alongside.

Use of Baroda Bank MICR code for Gyanpur Dist Sant Ravidas Nagar branch in varanasi

The MICR code 231012153 is used in RBI cheque clearing process to identify the branch Gyanpur Dist Sant Ravidas Nagar 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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