Bank Of Baroda Ratangarh Churu Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Ratangarh Churu Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ratangarh Dist Churu
Contact 01567-222093
Bank Details Bank Of Baroda Ratangarh Dist Churu BARB0RATANG
Location Ratangarh, Churu
City Ratangarh
District Churu
State Rajasthan
Pincode 331022
Country IN
Address Oswalo ka mohalla , ratangarh (churu )pin-331022
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 331012050 for Ratangarh Dist Churu 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 331012050 of Baroda Bank, Ratangarh Dist Churu branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ratangarh Dist Churu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Daudsar Churu Rajasthan >>Ratangarh Dist Churu

MICR code for Bank Of Baroda Ratangarh Dist Churu

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 Ratangarh Dist Churu 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. 331012050 is the MICR code of BOB for Ratangarh Dist Churu branch. MICR code for Ratangarh Dist Churu 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 Ratangarh Dist Churu is presented in the table alongside.

Use of Baroda Bank MICR code for Ratangarh Dist Churu branch in ratangarh

The MICR code 331012050 is used in RBI cheque clearing process to identify the branch Ratangarh Dist Churu 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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