Bank Of Baroda Chikarda Chittaurgarh Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Chikarda Chittaurgarh Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chikarda Rajashtan
Contact 01470-244326
Bank Details Bank Of Baroda Chikarda Rajashtan BARB0CHIKAR
Location Chikarda, Chittaurgarh
City Chikarda
District Chittaurgarh
State Rajasthan
Pincode 312024
Country IN
Address Chikarda, dist.chittorgarh, rajasthan - 312 024.
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 312012508 for Chikarda Rajashtan 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 312012508 of Baroda Bank, Chikarda Rajashtan branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chikarda Rajashtan 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 -

>>Chikarda Rajashtan

MICR code for Bank Of Baroda Chikarda Rajashtan

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 Chikarda Rajashtan 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. 312012508 is the MICR code of BOB for Chikarda Rajashtan branch. MICR code for Chikarda Rajashtan 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 Chikarda Rajashtan is presented in the table alongside.

Use of Baroda Bank MICR code for Chikarda Rajashtan branch in chikarda

The MICR code 312012508 is used in RBI cheque clearing process to identify the branch Chikarda Rajashtan 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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