Bank Of Baroda Malada Keonjhar Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Malada Keonjhar Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Malda Orissa
Contact 06767-263358
Bank Details Bank Of Baroda Malda Orissa BARB0MALDAX
Location Malada, Keonjhar
City Malada
District Keonjhar
State Orissa
Pincode 758031
Country IN
Address Po.malda via jhumpura, dist.keonjhar, orissa - 758 031.
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.

Search Bank Of Baroda MICR Codes in keonjhar

You can search through MICR Codes of Orissa branches in malada of District keonjhar in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Malda Orissa

How to find MICR codes for Bank Of Baroda in malada?

Bank Of Baroda malada MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Baroda Bank MICR codes list for malada, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Baroda malada branches.

Baroda Bank MICR code in malada

Bank Of Baroda MICR code is a character recognition technology used by banks in the processing of cheques. Baroda Bank MICR code for malada branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for BOB branches in malada, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does BOB MICR code for malada branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Baroda malada branch, sprinted 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. Thus MICR code for Baroda Bank malada branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of BOB MICR codes for malada branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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