Bank Of Baroda Kuju Hazaribag Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Kuju Hazaribag Jharkhand

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kuju Ramgarh
Contact 06545-282664/282665
Bank Details Bank Of Baroda Kuju Ramgarh BARB0KUJUXX
Location Kuju, Hazaribag
City Kuju
District Hazaribag
State Jharkhand
Pincode 825316
Country IN
Address A r a road, kuju, ramgarh, jharkhand-825316
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 Kuju Ramgarh 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, Kuju Ramgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kuju Ramgarh 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 -

>>Kuju Ramgarh

MICR code for Bank Of Baroda Kuju Ramgarh

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 Kuju Ramgarh 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 Kuju Ramgarh branch. MICR code for Kuju Ramgarh 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 Kuju Ramgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Kuju Ramgarh branch in kuju

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kuju Ramgarh 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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