Bank Of Baroda Raxaul Purbi Champaran Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Raxaul Purbi Champaran Bihar

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MICR Code	845012202
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	Raxaul Bihar
Contact	1800223344
Bank Details	Bank Of Baroda Raxaul Bihar BARB0RAXAUL

Location	Raxaul, Purbi Champaran
City	Raxaul
District	Purbi Champaran
State	Bihar
Pincode	845305
Country	IN
Address	Main road,raxaul,east champaran dt,bihar - 845305.

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 845012202 for Raxaul 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 845012202 of Baroda Bank, Raxaul Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Raxaul 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 -

>>Raxaul Bihar

MICR code for Bank Of Baroda Raxaul 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 Raxaul 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. 845012202 is the MICR code of BOB for Raxaul Bihar branch. MICR code for Raxaul 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 Raxaul Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Raxaul Bihar branch in raxaul

The MICR code 845012202 is used in RBI cheque clearing process to identify the branch Raxaul 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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