Bank Of Baroda Arrah Bhojpur Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Arrah Bhojpur Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahavir Tola Arrah
Contact
Bank Details Bank Of Baroda Mahavir Tola Arrah BARB0MAHBHO
Location Arrah, Bhojpur
City Arrah
District Bhojpur
State Bihar
Pincode 802301
Country IN
Address Mahavir tola po gpo arrah dist bhojpur bihar 802301
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 Mahavir Tola Arrah 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, Mahavir Tola Arrah branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mahavir Tola Arrah branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Arrah >>Arrah Dist Bhojpur >>Mahavir Tola Arrah

MICR code for Bank Of Baroda Mahavir Tola Arrah

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 Mahavir Tola Arrah 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 Mahavir Tola Arrah branch. MICR code for Mahavir Tola Arrah 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 Mahavir Tola Arrah is presented in the table alongside.

Use of Baroda Bank MICR code for Mahavir Tola Arrah branch in arrah

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mahavir Tola Arrah 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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