Bank Of Baroda Durg Durg Chandigarh MICR CODE

Find MICR Codes for Bank Of Baroda Durg Durg Chandigarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Power House Bhilai
Contact
Bank Details Bank Of Baroda Power House Bhilai BARB0DBBPOH
Location Durg, Durg
City Durg
District Durg
State Chandigarh
Pincode
Country IN
Address Nandini road power house ch bhilai nagar durg chhattisg
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 Power House Bhilai 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, Power House Bhilai branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Power House Bhilai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Mohan Nagar Durg >>Power House Bhilai >>Vishwadeep School

MICR code for Bank Of Baroda Power House Bhilai

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 Power House Bhilai 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 Power House Bhilai branch. MICR code for Power House Bhilai 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 Power House Bhilai is presented in the table alongside.

Use of Baroda Bank MICR code for Power House Bhilai branch in durg

The MICR code 0 is used in RBI cheque clearing process to identify the branch Power House Bhilai 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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