Bank Of Baroda Madhubani Madhubani Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Madhubani Madhubani Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Madhubani Bihar
Contact 06276-227411
Bank Details Bank Of Baroda Madhubani Bihar BARB0MADHUB
Location Madhubani, Madhubani
City Madhubani
District Madhubani
State Bihar
Pincode 847211
Country IN
Address Rahul complex, tilak chowk,madhubani, bihar-847211
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 Madhubani Bihar 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, Madhubani Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Madhubani Bihar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Gurumaha Panchayat >>Laxmipur Madhepur >>Madhubani >>Madhubani Bihar >>Saurath

MICR code for Bank Of Baroda Madhubani Bihar

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 Madhubani Bihar 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 Madhubani Bihar branch. MICR code for Madhubani Bihar 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 Madhubani Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Madhubani Bihar branch in madhubani

The MICR code 0 is used in RBI cheque clearing process to identify the branch Madhubani Bihar 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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