Bank Of Baroda Karjat Raigad Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Karjat Raigad Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karjat Br. Maharashtra
Contact 02148-223962, Fax - 223961
Bank Details Bank Of Baroda Karjat Br. Maharashtra BARB0KARJAT
Location Karjat, Raigad
City Karjat
District Raigad
State Maharashtra
Pincode 410201
Country IN
Address Chhatrapati shivaji mandal trust, shivaji chowk, near bajar peth, karjat, dist. Raigad, maharashtra - 410201.
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 Karjat Br. Maharashtra 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, Karjat Br. Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Karjat Br. Maharashtra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Karjat >>Karjat Br. Maharashtra

MICR code for Bank Of Baroda Karjat Br. Maharashtra

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 Karjat Br. Maharashtra 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 Karjat Br. Maharashtra branch. MICR code for Karjat Br. Maharashtra 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 Karjat Br. Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Karjat Br. Maharashtra branch in karjat

The MICR code 0 is used in RBI cheque clearing process to identify the branch Karjat Br. Maharashtra 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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