Bank Of Baroda Neemrana Alwar Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Neemrana Alwar Rajasthan

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MICR Code	301012101
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	Neemrana Dist. Alwar
Contact	01494/246956
Bank Details	Bank Of Baroda Neemrana Dist. Alwar BARB0NEEMRA

Location	Neemrana, Alwar
City	Neemrana
District	Alwar
State	Rajasthan
Pincode	301705
Country	IN
Address	Main road, riico industrial area, neemarana, rajasthan-301705

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 301012101 for Neemrana Dist. Alwar 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 301012101 of Baroda Bank, Neemrana Dist. Alwar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Neemrana Dist. Alwar 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 -

>>Neemrana Dist. Alwar

MICR code for Bank Of Baroda Neemrana Dist. Alwar

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 Neemrana Dist. Alwar 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. 301012101 is the MICR code of BOB for Neemrana Dist. Alwar branch. MICR code for Neemrana Dist. Alwar 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 Neemrana Dist. Alwar is presented in the table alongside.

Use of Baroda Bank MICR code for Neemrana Dist. Alwar branch in neemrana

The MICR code 301012101 is used in RBI cheque clearing process to identify the branch Neemrana Dist. Alwar 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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