Bank Of Baroda Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Ranchi Ranchi Jharkhand

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanke Branch
Contact
Bank Details Bank Of Baroda Kanke Branch BARB0DBKANK
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834006
Country IN
Address Tangratolikankeranchi 834006jharkhand ranchi ranchi jharkhand 834006
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 Kanke 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 0 of Baroda Bank, Kanke Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kanke Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Kanke 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 Kanke 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. 0 is the MICR code of BOB for Kanke Branch branch. MICR code for Kanke 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 Kanke Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Kanke Branch branch in ranchi

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