Bank Of Baroda Paloda Banswara Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Paloda Banswara Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Paloda Br. Dist. Banswara Rajasthan
Contact 02963-276472
Bank Details Bank Of Baroda Paloda Br. Dist. Banswara Rajasthan BARB0PALODA
Location Paloda, Banswara
City Paloda
District Banswara
State Rajasthan
Pincode 327001
Country IN
Address Paloda, dist. Banswara, rajasthan - 327 001.
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.

Search Bank Of Baroda MICR Codes in banswara

You can search through MICR Codes of Rajasthan branches in paloda of District banswara in Rajasthan State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of Baroda are available with micr code -

>>Paloda Br. Dist. Banswara Rajasthan

How to find MICR codes for Bank Of Baroda in paloda?

Bank Of Baroda paloda MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From Baroda Bank MICR codes list for paloda, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of Baroda paloda branches.

Baroda Bank MICR code in paloda

Bank Of Baroda MICR code is a character recognition technology used by banks in the processing of cheques. Baroda Bank MICR code for paloda branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for BOB branches in paloda, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does BOB MICR code for paloda branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of Baroda paloda branch, sprinted 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. Thus MICR code for Baroda Bank paloda branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of BOB MICR codes for paloda branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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