Bank Of Baroda Chitauria Katihar Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Chitauria Katihar Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chitauria Bihar
Contact 1800223344
Bank Details Bank Of Baroda Chitauria Bihar BARB0CHITAU
Location Chitauria, Katihar
City Chitauria
District Katihar
State Bihar
Pincode 854103
Country IN
Address Vill. Bari bathna, po - sirnia, chitaurai, dist katihar, bihar - 854103
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 Chitauria Bihar 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, Chitauria Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chitauria Bihar 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 -

>>Chitauria Bihar

MICR code for Bank Of Baroda Chitauria Bihar

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 Chitauria Bihar 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 Chitauria Bihar branch. MICR code for Chitauria Bihar 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 Chitauria Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Chitauria Bihar branch in chitauria

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