Bank Of Baroda Keonjhar Keonjhar Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Keonjhar Keonjhar Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Keonjhar Orissa
Contact 06766-255256/255960
Bank Details Bank Of Baroda Keonjhar Orissa BARB0KEONJH
Location Keonjhar, Keonjhar
City Keonjhar
District Keonjhar
State Orissa
Pincode 758001
Country IN
Address Po:keonjhar,orissa-758001
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 758012002 for Keonjhar 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 758012002 of Baroda Bank, Keonjhar Orissa branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Keonjhar Orissa 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 -

>>Barbil Odisha >>Keonjhar Orissa

MICR code for Bank Of Baroda Keonjhar 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 Keonjhar 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. 758012002 is the MICR code of BOB for Keonjhar Orissa branch. MICR code for Keonjhar 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 Keonjhar Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Keonjhar Orissa branch in keonjhar

The MICR code 758012002 is used in RBI cheque clearing process to identify the branch Keonjhar 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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