Bank Of Baroda Aurangabad Aurangabad Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Aurangabad Aurangabad Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Aurangabad Br. Bihar
Contact 06186-224379
Bank Details Bank Of Baroda Aurangabad Br. Bihar BARB0MALHAR
Location Aurangabad, Aurangabad
City Aurangabad
District Aurangabad
State Bihar
Pincode 824101
Country IN
Address Malhara market, old g t road, aurangabad, bihar - 824 101.
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 824012002 for Aurangabad Br. Bihar 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 824012002 of Baroda Bank, Aurangabad Br. Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Aurangabad Br. Bihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Anchhabihar >>Aurangabad >>Aurangabad Br. Bihar >>Beed By Pass Road Mh >>Sansa

MICR code for Bank Of Baroda Aurangabad Br. Bihar

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 Aurangabad Br. Bihar 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. 824012002 is the MICR code of BOB for Aurangabad Br. Bihar branch. MICR code for Aurangabad Br. Bihar 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 Aurangabad Br. Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Aurangabad Br. Bihar branch in aurangabad

The MICR code 824012002 is used in RBI cheque clearing process to identify the branch Aurangabad Br. Bihar 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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