Bank Of Baroda Nainwa Bundi Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Nainwa Bundi Rajasthan

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MICR Code	323012501
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	Nainwa Dist Bundi
Contact	07437-257228
Bank Details	Bank Of Baroda Nainwa Dist Bundi BARB0NAINWA

Location	Nainwa, Bundi
City	Nainwa
District	Bundi
State	Rajasthan
Pincode	323801
Country	IN
Address	Nainwa, dist. Bundi, pin - 323801

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 323012501 for Nainwa Dist Bundi 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 323012501 of Baroda Bank, Nainwa Dist Bundi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nainwa Dist Bundi 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 -

>>Nainwa Dist Bundi

MICR code for Bank Of Baroda Nainwa Dist Bundi

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 Nainwa Dist Bundi 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. 323012501 is the MICR code of BOB for Nainwa Dist Bundi branch. MICR code for Nainwa Dist Bundi 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 Nainwa Dist Bundi is presented in the table alongside.

Use of Baroda Bank MICR code for Nainwa Dist Bundi branch in nainwa

The MICR code 323012501 is used in RBI cheque clearing process to identify the branch Nainwa Dist Bundi 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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