Bank Of Baroda Bhilwara Bhilwara Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Bhilwara Bhilwara Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch R C Vyas Colony Bhilwara
Contact 01482-236755
Bank Details Bank Of Baroda R C Vyas Colony Bhilwara BARB0RCVBHI
Location Bhilwara, Bhilwara
City Bhilwara
District Bhilwara
State Rajasthan
Pincode 311001
Country IN
Address R.c. Vyas colony, opp. Mahavir hospital, near love garden, bhilwara pin - 311001
MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch R C Vyas Colony Bhilwara
Contact
Bank Details Bank Of Baroda R C Vyas Colony Bhilwara BARB0VJBHRC
Location Bhilwara, Bhilwara
City Bhilwara
District Bhilwara
State Rajasthan
Pincode 311001
Country IN
Address No.5,g1 , r c vyas colony , bhilwara , bhilwara , 311001
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 311012005 for R C Vyas Colony Bhilwara 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 311012005 of Baroda Bank, R C Vyas Colony Bhilwara branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for R C Vyas Colony Bhilwara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda R C Vyas Colony Bhilwara

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 R C Vyas Colony Bhilwara 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. 311012005 is the MICR code of BOB for R C Vyas Colony Bhilwara branch. MICR code for R C Vyas Colony Bhilwara 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 R C Vyas Colony Bhilwara is presented in the table alongside.

Use of Baroda Bank MICR code for R C Vyas Colony Bhilwara branch in bhilwara

The MICR code 311012005 is used in RBI cheque clearing process to identify the branch R C Vyas Colony Bhilwara 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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