Bank Of Baroda Kharsia Raigarh Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Kharsia Raigarh Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kharsiya Chattisgarh
Contact 0771-2582723
Bank Details Bank Of Baroda Kharsiya Chattisgarh BARB0KHARSI
Location Kharsia, Raigarh
City Kharsia
District Raigarh
State Chhattisgarh
Pincode 496661
Country IN
Address Ward no 16,dabhra road,kharsiya,dist – raigarh,chattisgarh-496661.
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 492012504 for Kharsiya Chattisgarh 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 492012504 of Baroda Bank, Kharsiya Chattisgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kharsiya Chattisgarh 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 -

>>Kharsiya Chattisgarh

MICR code for Bank Of Baroda Kharsiya Chattisgarh

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 Kharsiya Chattisgarh 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. 492012504 is the MICR code of BOB for Kharsiya Chattisgarh branch. MICR code for Kharsiya Chattisgarh 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 Kharsiya Chattisgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Kharsiya Chattisgarh branch in kharsia

The MICR code 492012504 is used in RBI cheque clearing process to identify the branch Kharsiya Chattisgarh 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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