Bank Of Baroda Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for Bank Of Baroda Ranchi Ranchi Jharkhand

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MICR Code	834012002
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	Ranchi Branch
Contact	0651-2205466,2311021
Bank Details	Bank Of Baroda Ranchi Branch BARB0RANCHI

Location	Ranchi, Ranchi
City	Ranchi
District	Ranchi
State	Jharkhand
Pincode	834001
Country	IN
Address	Ranchi branch,715, m.g. Road,,ranchi,834001

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 834012002 for Ranchi Branch 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 834012002 of Baroda Bank, Ranchi Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ranchi Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Bank Of Baroda are available with micr code -

>>Argora Chowk >>Bariatu >>Bariyatu Jharkhand >>Birsa Chowk >>Doranda >>Doranda Ranchi Jharkhand >>Harmu Br. Dist. Ranchi Jharkhand >>Hesag Br. Dist. Ranchi Jharkhand >>Kadru Ranchi Jharkhand >>Kanke Branch >>Lalpur Chowk Jharkhand >>Ranchi Branch >>Ratu Road Branch >>Stressed Recovery >>Sukurhuttu

MICR code for Bank Of Baroda Ranchi Branch

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 Ranchi Branch 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. 834012002 is the MICR code of BOB for Ranchi Branch branch. MICR code for Ranchi Branch 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 Ranchi Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ranchi Branch branch in ranchi

The MICR code 834012002 is used in RBI cheque clearing process to identify the branch Ranchi Branch 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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