Bank Of Baroda Nalagarh Nalagarh Himachal Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Nalagarh Nalagarh Himachal Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nalagarh Hp
Contact
Bank Details Bank Of Baroda Nalagarh Hp BARB0NALAGA
Location Nalagarh, Nalagarh
City Nalagarh
District Nalagarh
State Himachal Pradesh
Pincode 174101
Country IN
Address Near nirankari,satsang bhawan & truck,union chowki wala,nalagarh,himachal pradesh – 174101.
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 Nalagarh Hp 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, Nalagarh Hp branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nalagarh Hp 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 -

>>Nalagarh Hp

MICR code for Bank Of Baroda Nalagarh Hp

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 Nalagarh Hp 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 Nalagarh Hp branch. MICR code for Nalagarh Hp 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 Nalagarh Hp is presented in the table alongside.

Use of Baroda Bank MICR code for Nalagarh Hp branch in nalagarh

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