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 Orissa
Contact 06792-253750
Bank Details Bank Of Baroda Baripada Orissa BARB0BARIPA
Location Baripada, Mayurbhanj
City Baripada
District Mayurbhanj
State Orissa
Pincode 757001
Country IN
Address Kc circle, station rd,sungadia, ward no 14 -baripada-orissa -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 757012002 for Baripada 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 757012002 of Baroda Bank, Baripada Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Baripada Orissa 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 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 Baripada 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. 757012002 is the MICR code of BOB for Baripada Orissa branch. MICR code for Baripada 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 Baripada Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Baripada Orissa branch in baripada

The MICR code 757012002 is used in RBI cheque clearing process to identify the branch Baripada 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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