Bank Of Baroda Maharajganj Siwan Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Maharajganj Siwan Bihar

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MICR Code	841012701
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Maharajganj Bihar
Contact
Bank Details	Bank Of Baroda Maharajganj Bihar BARB0MAHBIH

Location	Maharajganj, Siwan
City	Maharajganj
District	Siwan
State	Bihar
Pincode	841233
Country	IN
Address	Behind uma shankar high school, naya bazaar, maharganj, distt – siwan, maharganj, bihar – 841233.

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 841012701 for Maharajganj 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 841012701 of Baroda Bank, Maharajganj Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Maharajganj Bihar 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 -

>>Maharajganj Bihar

MICR code for Bank Of Baroda Maharajganj 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 Maharajganj 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. 841012701 is the MICR code of BOB for Maharajganj Bihar branch. MICR code for Maharajganj 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 Maharajganj Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Maharajganj Bihar branch in maharajganj

The MICR code 841012701 is used in RBI cheque clearing process to identify the branch Maharajganj 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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