Bank Of Baroda Phaloj Dungarpur Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Phaloj Dungarpur Rajasthan

Bank
State
District
City
Branch
Address

MICR Code	314012521
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Phaloj Rajasthan
Contact	02964-265724
Bank Details	Bank Of Baroda Phaloj Rajasthan BARB0PHADUN

Location	Phaloj, Dungarpur
City	Phaloj
District	Dungarpur
State	Rajasthan
Pincode	314402
Country	IN
Address	Phaloj, dist.dungarpur, rajasthan - 314 402.

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 314012521 for Phaloj Rajasthan 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 314012521 of Baroda Bank, Phaloj Rajasthan branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Phaloj Rajasthan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Phaloj Rajasthan

MICR code for Bank Of Baroda Phaloj Rajasthan

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 Phaloj Rajasthan 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. 314012521 is the MICR code of BOB for Phaloj Rajasthan branch. MICR code for Phaloj Rajasthan 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 Phaloj Rajasthan is presented in the table alongside.

Use of Baroda Bank MICR code for Phaloj Rajasthan branch in phaloj

The MICR code 314012521 is used in RBI cheque clearing process to identify the branch Phaloj Rajasthan 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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