Bank Of Baroda Newai Tonk Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Newai Tonk Rajasthan

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MICR Code	304012025
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 Dist Tonk
Contact	01438-222041
Bank Details	Bank Of Baroda Newai Dist Tonk BARB0NEWAIX

Location	Newai, Tonk
City	Newai
District	Tonk
State	Rajasthan
Pincode	304021
Country	IN
Address	Chota bazar, newai ,dist tonk 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 304012025 for Newai Dist Tonk 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 304012025 of Baroda Bank, Newai Dist Tonk branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Newai Dist Tonk 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 Dist Tonk

MICR code for Bank Of Baroda Newai Dist Tonk

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 Dist Tonk 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. 304012025 is the MICR code of BOB for Newai Dist Tonk branch. MICR code for Newai Dist Tonk 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 Dist Tonk is presented in the table alongside.

Use of Baroda Bank MICR code for Newai Dist Tonk branch in newai

The MICR code 304012025 is used in RBI cheque clearing process to identify the branch Newai Dist Tonk 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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