Bank Of Baroda Ballarpur Chandrapur Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Ballarpur Chandrapur Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ballarpur Main
Contact 07172-240272
Bank Details Bank Of Baroda Ballarpur Main BARB0BALLAR
Location Ballarpur, Chandrapur
City Ballarpur
District Chandrapur
State Maharashtra
Pincode 442701
Country IN
Address Opposite new bus stand allapalli road,ballarpur ,maharashtra - 442 701.
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 Ballarpur Main 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, Ballarpur Main branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ballarpur Main branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Ballarpur Extension Counter Maharashtra >>Ballarpur Main

MICR code for Bank Of Baroda Ballarpur Main

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 Ballarpur Main 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 Ballarpur Main branch. MICR code for Ballarpur Main 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 Ballarpur Main is presented in the table alongside.

Use of Baroda Bank MICR code for Ballarpur Main branch in ballarpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ballarpur Main 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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