Bank Of Baroda Ambikapur Surguja Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Ambikapur Surguja Chhattisgarh

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MICR Code	497012001
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	Ambikapur Dist Surguja
Contact	07774-222372
Bank Details	Bank Of Baroda Ambikapur Dist Surguja BARB0AMBIKA

Location	Ambikapur, Surguja
City	Ambikapur
District	Surguja
State	Chhattisgarh
Pincode	497002
Country	IN
Address	Deviganj road,ambikapur 497002

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 497012001 for Ambikapur Dist Surguja 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 497012001 of Baroda Bank, Ambikapur Dist Surguja branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ambikapur Dist Surguja branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Ambikapur >>Ambikapur Dist Surguja >>Bhittikala >>Ring Road Ambikapur

MICR code for Bank Of Baroda Ambikapur Dist Surguja

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 Ambikapur Dist Surguja 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. 497012001 is the MICR code of BOB for Ambikapur Dist Surguja branch. MICR code for Ambikapur Dist Surguja 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 Ambikapur Dist Surguja is presented in the table alongside.

Use of Baroda Bank MICR code for Ambikapur Dist Surguja branch in ambikapur

The MICR code 497012001 is used in RBI cheque clearing process to identify the branch Ambikapur Dist Surguja 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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