Bank Of Baroda Niwai Tonk Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Niwai Tonk Rajasthan

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State
District
City
Branch
Address

MICR Code	-NA-
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	Newai
Contact
Bank Details	Bank Of Baroda Newai BARB0VJNEWA

Location	Niwai, Tonk
City	Niwai
District	Tonk
State	Rajasthan
Pincode	304021
Country	IN
Address	Jilai road,shivaji market, , newai, tonk dist , tonk dist , newai , 304021

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 Newai 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, Newai branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Newai 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 -

>>Newai

MICR code for Bank Of Baroda Newai

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 Newai 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 Newai branch. MICR code for Newai 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 Newai is presented in the table alongside.

Use of Baroda Bank MICR code for Newai branch in niwai

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