Bank Of Baroda Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Alwar Alwar Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alwar Rj
Contact
Bank Details Bank Of Baroda Alwar Rj BARB0VJALWA
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode
Country IN
Address Tej mandi old station road alwar
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 Alwar Rj 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, Alwar Rj branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Alwar Rj branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Alwar Rj

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 Alwar Rj 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 Alwar Rj branch. MICR code for Alwar Rj 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 Alwar Rj is presented in the table alongside.

Use of Baroda Bank MICR code for Alwar Rj branch in alwar

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