Bank Of Baroda Bhawani Mandi Jhalawar Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Bhawani Mandi Jhalawar Rajasthan

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MICR Code	303012503
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	Bobas Raj
Contact	01425-250302
Bank Details	Bank Of Baroda Bobas Raj BARB0BOBASX

Location	Bhawani Mandi, Jhalawar
City	Bhawani Mandi
District	Jhalawar
State	Rajasthan
Pincode	303338
Country	IN
Address	Suraj mal jat ka makan,opp panchayat bhawan,bobas,rajasthan – 303338

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 303012503 for Bobas Raj 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 303012503 of Baroda Bank, Bobas Raj branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bobas Raj 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 -

>>Bhavani Mandi Dist. Jhalawar Rajasthan >>Bobas Raj

MICR code for Bank Of Baroda Bobas Raj

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 Bobas Raj 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. 303012503 is the MICR code of BOB for Bobas Raj branch. MICR code for Bobas Raj 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 Bobas Raj is presented in the table alongside.

Use of Baroda Bank MICR code for Bobas Raj branch in bhawani mandi

The MICR code 303012503 is used in RBI cheque clearing process to identify the branch Bobas Raj 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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