Bank Of Baroda Ghatsila Purbi Singhbhum Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Ghatsila Purbi Singhbhum Jharkhand

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghatsila
Contact 1800223344
Bank Details Bank Of Baroda Ghatsila BARB0GHATSI
Location Ghatsila, Purbi Singhbhum
City Ghatsila
District Purbi Singhbhum
State Jharkhand
Pincode 832303
Country IN
Address Main road ghatsila mouza nuagaon ghatsila jharkhand 832303
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 Ghatsila 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, Ghatsila branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ghatsila 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 -

>>Ghatsila

MICR code for Bank Of Baroda Ghatsila

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

Use of Baroda Bank MICR code for Ghatsila branch in ghatsila

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