Bank Of Baroda Paika Sahi Angul Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Paika Sahi Angul Orissa

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State
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City
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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	Paikasahi Orissa
Contact	06763-259503
Bank Details	Bank Of Baroda Paikasahi Orissa BARB0PAIKAS

Location	Paika Sahi, Angul
City	Paika Sahi
District	Angul
State	Orissa
Pincode	759125
Country	IN
Address	Paikasahi via athamallick, dist.angul, orissa - 759 125.

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

>>Paikasahi Orissa

MICR code for Bank Of Baroda Paikasahi Orissa

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 Paikasahi Orissa 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 Paikasahi Orissa branch. MICR code for Paikasahi Orissa 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 Paikasahi Orissa is presented in the table alongside.

Use of Baroda Bank MICR code for Paikasahi Orissa branch in paika sahi

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