Bank Of Baroda Nainital Nainital Uttrakhand MICR CODE

Find MICR Codes for Bank Of Baroda Nainital Nainital Uttrakhand

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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	Nainital
Contact
Bank Details	Bank Of Baroda Nainital BARB0VJNAIT

Location	Nainital, Nainital
City	Nainital
District	Nainital
State	Uttrakhand
Pincode	263001
Country	IN
Address	Hotel woodlands bldg , bara bazaar , mall road , nainital , 263001

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 Nainital 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, Nainital branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nainital branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Dsb Nainital Extn Counter Nainital Uttarakhand >>Haldwani >>Kathgodam Nainital >>Nainital >>Nainital Branch

MICR code for Bank Of Baroda Nainital

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

Use of Baroda Bank MICR code for Nainital branch in nainital

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