Bank Of Baroda Rajola Bidar Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Rajola Bidar Karnataka

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State
District
City
Branch
Address

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	Rajola
Contact
Bank Details	Bank Of Baroda Rajola BARB0VJRAJO

Location	Rajola, Bidar
City	Rajola
District	Bidar
State	Karnataka
Pincode	585331
Country	IN
Address	Near basavaeshwar circle, , rajola village, , basavakalyan taluk , basavakalyan , 585331

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

>>Rajola

MICR code for Bank Of Baroda Rajola

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 Rajola 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 Rajola branch. MICR code for Rajola 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 Rajola is presented in the table alongside.

Use of Baroda Bank MICR code for Rajola branch in rajola

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