Bank Of Baroda Kesaria Purbi Champaran Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Kesaria Purbi Champaran Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nayagaon Bihar
Contact
Bank Details Bank Of Baroda Nayagaon Bihar BARB0NAYAGA
Location Kesaria, Purbi Champaran
City Kesaria
District Purbi Champaran
State Bihar
Pincode 845424
Country IN
Address Nayagaon via kesheria, dist.east champaran, bihar - 845 424.
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 Nayagaon Bihar 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, Nayagaon Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nayagaon Bihar 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 -

>>Nayagaon Bihar

MICR code for Bank Of Baroda Nayagaon Bihar

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 Nayagaon Bihar 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 Nayagaon Bihar branch. MICR code for Nayagaon Bihar 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 Nayagaon Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Nayagaon Bihar branch in kesaria

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