Bank Of Baroda Naginimora Mon Nagaland MICR CODE

Find MICR Codes for Bank Of Baroda Naginimora Mon Nagaland

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Naginimora
Contact
Bank Details Bank Of Baroda Naginimora BARB0VJNAGI
Location Naginimora, Mon
City Naginimora
District Mon
State Nagaland
Pincode 798622
Country IN
Address Main road , naginimora , mon dist , naginimora , 798622
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 Naginimora 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, Naginimora branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Naginimora 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 -

>>Naginimora

MICR code for Bank Of Baroda Naginimora

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

Use of Baroda Bank MICR code for Naginimora branch in naginimora

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