Bank Of Baroda Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Gwalior Gwalior Madhya Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jhansi Road
Contact 1800223344
Bank Details Bank Of Baroda Jhansi Road BARB0JHAGWA
Location Gwalior, Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Pincode 474009
Country IN
Address Om complex near jai bharat petrol pump naka chandravandani chauraha jhansi road gwalior madhya pradesh 474009
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 Jhansi Road 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, Jhansi Road branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Jhansi Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Jhansi Road

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 Jhansi Road 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 Jhansi Road branch. MICR code for Jhansi Road 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 Jhansi Road is presented in the table alongside.

Use of Baroda Bank MICR code for Jhansi Road branch in gwalior

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