Bank Of Baroda Rajgir Nalanda Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Rajgir Nalanda Bihar

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MICR Code	803012102
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	Rajgir Nalanda Bihar
Contact	8294636103
Bank Details	Bank Of Baroda Rajgir Nalanda Bihar BARB0RAJGIR

Location	Rajgir, Nalanda
City	Rajgir
District	Nalanda
State	Bihar
Pincode	803116
Country	IN
Address	Near panch rukhiya busparaon,po rajgir,dist nalanda,bihar - 803116.

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 803012102 for Rajgir Nalanda Bihar 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 803012102 of Baroda Bank, Rajgir Nalanda Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rajgir Nalanda Bihar 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 -

>>Rajgir Nalanda Bihar

MICR code for Bank Of Baroda Rajgir Nalanda Bihar

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 Rajgir Nalanda Bihar 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. 803012102 is the MICR code of BOB for Rajgir Nalanda Bihar branch. MICR code for Rajgir Nalanda Bihar 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 Rajgir Nalanda Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Rajgir Nalanda Bihar branch in rajgir

The MICR code 803012102 is used in RBI cheque clearing process to identify the branch Rajgir Nalanda Bihar 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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