Bank Of Baroda Raniganj Sultanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Raniganj Sultanpur Uttar Pradesh

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raniganj Up
Contact 05361-269202
Bank Details Bank Of Baroda Raniganj Up BARB0RANIGA
Location Raniganj, Sultanpur
City Raniganj
District Sultanpur
State Uttar Pradesh
Pincode 227816
Country IN
Address Raniganj, dist. Sultanpur, uttar pradesh - 227 816
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 228012062 for Raniganj Up 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 228012062 of Baroda Bank, Raniganj Up branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Raniganj Up 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 -

>>Raniganj Up

MICR code for Bank Of Baroda Raniganj Up

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 Raniganj Up 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. 228012062 is the MICR code of BOB for Raniganj Up branch. MICR code for Raniganj Up 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 Raniganj Up is presented in the table alongside.

Use of Baroda Bank MICR code for Raniganj Up branch in raniganj

The MICR code 228012062 is used in RBI cheque clearing process to identify the branch Raniganj Up 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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