Bank Of Baroda Udaipur Udaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Udaipur Udaipur Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hiran Magari Udaipur
Contact 0294-2462771
Bank Details Bank Of Baroda Hiran Magari Udaipur BARB0HIRANM
Location Udaipur, Udaipur
City Udaipur
District Udaipur
State Rajasthan
Pincode 313002
Country IN
Address 803, sec-4, near jain temple, hiranmagri, udaipur 313 002
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 313012005 for Hiran Magari Udaipur 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 313012005 of Baroda Bank, Hiran Magari Udaipur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Hiran Magari Udaipur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Hiran Magari Udaipur

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 Hiran Magari Udaipur 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. 313012005 is the MICR code of BOB for Hiran Magari Udaipur branch. MICR code for Hiran Magari Udaipur 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 Hiran Magari Udaipur is presented in the table alongside.

Use of Baroda Bank MICR code for Hiran Magari Udaipur branch in udaipur

The MICR code 313012005 is used in RBI cheque clearing process to identify the branch Hiran Magari Udaipur 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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