Bank Of Baroda Udaipur Alwar Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Udaipur Alwar Rajasthan

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State
District
City
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Address

MICR Code	-NA-
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	Matila
Contact
Bank Details	Bank Of Baroda Matila BARB0VJMATI

Location	Udaipur, Alwar
City	Udaipur
District	Alwar
State	Rajasthan
Pincode	301018
Country	IN
Address	Matila village , main alwar bhiwadi road , udaipur matila, tijara dev bk, alwar , matila , 301018

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

>>Matila

MICR code for Bank Of Baroda Matila

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 Matila 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 Matila branch. MICR code for Matila 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 Matila is presented in the table alongside.

Use of Baroda Bank MICR code for Matila branch in udaipur

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