Bank Of Baroda Dhar Dhar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Dhar Dhar 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 Dhamnod Dhar Mp
Contact 0755-4278855
Bank Details Bank Of Baroda Dhamnod Dhar Mp BARB0DHAMNO
Location Dhar, Dhar
City Dhar
District Dhar
State Madhya Pradesh
Pincode 454552
Country IN
Address A.b.road,dhamnod,dist. Dhar,bhopal,mp- 454552.
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 Dhamnod Dhar Mp 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, Dhamnod Dhar Mp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Dhamnod Dhar Mp branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Badnawar Madhya Pradesh >>Bakhatgarh >>Dhamnod Dhar Mp >>Dhar >>Dhar Branch >>Nagda >>Pithampur

MICR code for Bank Of Baroda Dhamnod Dhar Mp

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 Dhamnod Dhar Mp 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 Dhamnod Dhar Mp branch. MICR code for Dhamnod Dhar Mp 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 Dhamnod Dhar Mp is presented in the table alongside.

Use of Baroda Bank MICR code for Dhamnod Dhar Mp branch in dhar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dhamnod Dhar Mp 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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