Bank Of Baroda Bijapur Bijapur Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Bijapur Bijapur Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gangloor
Contact
Bank Details Bank Of Baroda Gangloor BARB0DBGAOR
Location Bijapur, Bijapur
City Bijapur
District Bijapur
State Chhattisgarh
Pincode 494444
Country IN
Address Gangloor village and post tehsil bijapurdistrict bijapur chattisgarh bijapur bijapur chhattisgarh 494444
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 Gangloor 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, Gangloor branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gangloor 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 -

>>Gangloor

MICR code for Bank Of Baroda Gangloor

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 Gangloor 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 Gangloor branch. MICR code for Gangloor 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 Gangloor is presented in the table alongside.

Use of Baroda Bank MICR code for Gangloor branch in bijapur

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