Bank Of Baroda Khairagarh Rajnandgaon Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Khairagarh Rajnandgaon Chhattisgarh

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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	Padumtara
Contact	1800223344
Bank Details	Bank Of Baroda Padumtara BARB0PADUMT

Location	Khairagarh, Rajnandgaon
City	Khairagarh
District	Rajnandgaon
State	Chhattisgarh
Pincode	491441
Country	IN
Address	Near ashok fuel centre khairagarh road padumtara dist rajnandgaon chhattisgarh 491441

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

>>Padumtara

MICR code for Bank Of Baroda Padumtara

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

Use of Baroda Bank MICR code for Padumtara branch in khairagarh

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