Bank Of Baroda East Nimar East Nimar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda East Nimar East Nimar Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bir
Contact
Bank Details Bank Of Baroda Bir BARB0DBBBIR
Location East Nimar, East Nimar
City East Nimar
District East Nimar
State Madhya Pradesh
Pincode 450110
Country IN
Address Mandi roadbirdist west nimarkhandwa bir east nimar madhya pradesh 450110
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 Bir 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, Bir branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bir 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 -

>>Bir >>Khandwa

MICR code for Bank Of Baroda Bir

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

Use of Baroda Bank MICR code for Bir branch in east nimar

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