Bank Of Baroda Dadra And Nagar Haveli Dadra And Nagar Haveli Dadra And Nagar Haveli MICR CODE

Find MICR Codes for Bank Of Baroda Dadra And Nagar Haveli Dadra And Nagar Haveli Dadra And Nagar Haveli

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naroli
Contact
Bank Details Bank Of Baroda Naroli BARB0DBNARO
Location Dadra And Nagar Haveli, Dadra And Nagar Haveli
City Dadra And Nagar Haveli
District Dadra And Nagar Haveli
State Dadra And Nagar Haveli
Pincode 396235
Country IN
Address Narolivia vapidadar and nagar haveli narol dadra nagar haveli dadra and nagar haveli 396235
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 Naroli 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, Naroli branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Naroli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bank Of Baroda are available with micr code -

>>Amli >>Dadra >>Dapada >>Dudhani >>Khanvel >>Kilavani >>Madhuban Dam >>Mandoni >>Naroli

MICR code for Bank Of Baroda Naroli

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 Naroli 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 Naroli branch. MICR code for Naroli 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 Naroli is presented in the table alongside.

Use of Baroda Bank MICR code for Naroli branch in dadra and nagar haveli

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

Copied!