Bank Of Baroda Manawar Manawar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Manawar Manawar Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Manawar Madhya Pradesh
Contact 0731-2437000-49
Bank Details Bank Of Baroda Manawar Madhya Pradesh BARB0MANAWA
Location Manawar, Manawar
City Manawar
District Manawar
State Madhya Pradesh
Pincode 454446
Country IN
Address Main market,singhana road,manawar,madhya pradesh – 454446
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 Manawar Madhya Pradesh 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, Manawar Madhya Pradesh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Manawar Madhya Pradesh 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 -

>>Manawar Madhya Pradesh

MICR code for Bank Of Baroda Manawar Madhya Pradesh

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 Manawar Madhya Pradesh 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 Manawar Madhya Pradesh branch. MICR code for Manawar Madhya Pradesh 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 Manawar Madhya Pradesh is presented in the table alongside.

Use of Baroda Bank MICR code for Manawar Madhya Pradesh branch in manawar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Manawar Madhya Pradesh 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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