Bank Of Baroda Chachai Anooppur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Chachai Anooppur 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 Chachai Br Madhya Pradesh
Contact 07659-263233
Bank Details Bank Of Baroda Chachai Br Madhya Pradesh BARB0CHACHA
Location Chachai, Anooppur
City Chachai
District Anooppur
State Madhya Pradesh
Pincode 484220
Country IN
Address Chachai , madhya pradesh 484 220
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 484012501 for Chachai Br Madhya Pradesh 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 484012501 of Baroda Bank, Chachai Br Madhya Pradesh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chachai Br Madhya Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Chachai Br Madhya Pradesh

MICR code for Bank Of Baroda Chachai Br Madhya Pradesh

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 Chachai Br Madhya Pradesh 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. 484012501 is the MICR code of BOB for Chachai Br Madhya Pradesh branch. MICR code for Chachai Br Madhya Pradesh 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 Chachai Br Madhya Pradesh is presented in the table alongside.

Use of Baroda Bank MICR code for Chachai Br Madhya Pradesh branch in chachai

The MICR code 484012501 is used in RBI cheque clearing process to identify the branch Chachai Br Madhya Pradesh 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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