Bank Of Baroda Gurur Durg Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Gurur Durg Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurur Br. Dist. Durg Chhatisgarh
Contact 07749-265422
Bank Details Bank Of Baroda Gurur Br. Dist. Durg Chhatisgarh BARB0GURURX
Location Gurur, Durg
City Gurur
District Durg
State Chhattisgarh
Pincode 491227
Country IN
Address Main road, gurur, dist. Durg, chhatisgarh - 491 227.
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 491012504 for Gurur Br. Dist. Durg Chhatisgarh 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 491012504 of Baroda Bank, Gurur Br. Dist. Durg Chhatisgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gurur Br. Dist. Durg Chhatisgarh 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 -

>>Gurur Br. Dist. Durg Chhatisgarh

MICR code for Bank Of Baroda Gurur Br. Dist. Durg Chhatisgarh

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 Gurur Br. Dist. Durg Chhatisgarh 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. 491012504 is the MICR code of BOB for Gurur Br. Dist. Durg Chhatisgarh branch. MICR code for Gurur Br. Dist. Durg Chhatisgarh 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 Gurur Br. Dist. Durg Chhatisgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Gurur Br. Dist. Durg Chhatisgarh branch in gurur

The MICR code 491012504 is used in RBI cheque clearing process to identify the branch Gurur Br. Dist. Durg Chhatisgarh 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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