Bank Of Baroda Bhilai Durg Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Bhilai Durg Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nandini Road Bhilai Chhattisgarh
Contact 1800223344
Bank Details Bank Of Baroda Nandini Road Bhilai Chhattisgarh BARB0NANDAN
Location Bhilai, Durg
City Bhilai
District Durg
State Chhattisgarh
Pincode 490011
Country IN
Address Ward no 27, near prince hotel, nandini road, bhilai,chhattisgarh - 490011
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 Nandini Road Bhilai Chhattisgarh 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, Nandini Road Bhilai Chhattisgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nandini Road Bhilai Chhattisgarh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Nandini Road Bhilai Chhattisgarh >>Sector Ten Bhilai

MICR code for Bank Of Baroda Nandini Road Bhilai Chhattisgarh

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 Nandini Road Bhilai Chhattisgarh 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 Nandini Road Bhilai Chhattisgarh branch. MICR code for Nandini Road Bhilai Chhattisgarh 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 Nandini Road Bhilai Chhattisgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Nandini Road Bhilai Chhattisgarh branch in bhilai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nandini Road Bhilai Chhattisgarh 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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