Bank Of Baroda Balasore Balasore Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Balasore Balasore Orissa

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MICR Code	756012002
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	Balasore Orissa
Contact	06782-262516
Bank Details	Bank Of Baroda Balasore Orissa BARB0BALASO

Location	Balasore, Balasore
City	Balasore
District	Balasore
State	Orissa
Pincode	756003
Country	IN
Address	Motiganj bazar,balasore,bihar-756003

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 756012002 for Balasore Orissa 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 756012002 of Baroda Bank, Balasore Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Balasore Orissa 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 -

>>Balasore Orissa

MICR code for Bank Of Baroda Balasore Orissa

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 Balasore Orissa 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. 756012002 is the MICR code of BOB for Balasore Orissa branch. MICR code for Balasore Orissa 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 Balasore Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Balasore Orissa branch in balasore

The MICR code 756012002 is used in RBI cheque clearing process to identify the branch Balasore Orissa 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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