Bank Of Baroda Baripada Mayurbhanj Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Baripada Mayurbhanj Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baripada
Contact
Bank Details Bank Of Baroda Baripada BARB0VJBARI
Location Baripada, Mayurbhanj
City Baripada
District Mayurbhanj
State Orissa
Pincode 209452
Country IN
Address 1st floor plot no 209452 , ward no 5, roxy road , ps baripada , baripada , 757001
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 Baripada 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, Baripada branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Baripada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Baripada >>Baripada Orissa >>Betnoti

MICR code for Bank Of Baroda Baripada

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 Baripada 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 Baripada branch. MICR code for Baripada 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 Baripada is presented in the table alongside.

Use of Baroda Bank MICR code for Baripada branch in baripada

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