Bank Of Baroda Khandapara Nayagarh Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Khandapara Nayagarh Orissa

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MICR Code	-NA-
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Jagannath Prasad
Contact	1800223344
Bank Details	Bank Of Baroda Jagannath Prasad BARB0JAGANN

Location	Khandapara, Nayagarh
City	Khandapara
District	Nayagarh
State	Orissa
Pincode	752094
Country	IN
Address	At jagannath prasad block nuagaon po jagannath prasad via khandapara dist nayagarh orissa 752094

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 Jagannath Prasad 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, Jagannath Prasad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Jagannath Prasad 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 -

>>Jagannath Prasad

MICR code for Bank Of Baroda Jagannath Prasad

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 Jagannath Prasad 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 Jagannath Prasad branch. MICR code for Jagannath Prasad 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 Jagannath Prasad is presented in the table alongside.

Use of Baroda Bank MICR code for Jagannath Prasad branch in khandapara

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