Bank Of Baroda Daudnagar Aurangabad Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Daudnagar Aurangabad Bihar

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MICR Code	824012501
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	Daudnagar Dist Aurangabad
Contact	06328-228860
Bank Details	Bank Of Baroda Daudnagar Dist Aurangabad BARB0DAUDNA

Location	Daudnagar, Aurangabad
City	Daudnagar
District	Aurangabad
State	Bihar
Pincode	824113
Country	IN
Address	At & po. Daudnanagar, aurangabad 824113

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 824012501 for Daudnagar Dist Aurangabad 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 824012501 of Baroda Bank, Daudnagar Dist Aurangabad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Daudnagar Dist Aurangabad 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 -

>>Daudnagar Dist Aurangabad

MICR code for Bank Of Baroda Daudnagar Dist Aurangabad

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 Daudnagar Dist Aurangabad 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. 824012501 is the MICR code of BOB for Daudnagar Dist Aurangabad branch. MICR code for Daudnagar Dist Aurangabad 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 Daudnagar Dist Aurangabad is presented in the table alongside.

Use of Baroda Bank MICR code for Daudnagar Dist Aurangabad branch in daudnagar

The MICR code 824012501 is used in RBI cheque clearing process to identify the branch Daudnagar Dist Aurangabad 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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