Bank Of Baroda Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Bhubaneswar Khurda Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gobindaprasad Orissa
Contact 1800223344
Bank Details Bank Of Baroda Gobindaprasad Orissa BARB0GOBIND
Location Bhubaneswar, Khurda
City Bhubaneswar
District Khurda
State Orissa
Pincode 751006
Country IN
Address Plot not 1324 / 1935,gobinda prasad,shanti nagar,bhubaneswar,orissa – 751006.
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 Gobindaprasad Orissa 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, Gobindaprasad Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gobindaprasad Orissa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Gobindaprasad Orissa

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 Gobindaprasad Orissa 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 Gobindaprasad Orissa branch. MICR code for Gobindaprasad Orissa 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 Gobindaprasad Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Gobindaprasad Orissa branch in bhubaneswar

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