Bank Of Baroda Sambalpur Sambalpur Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Sambalpur Sambalpur Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sambalpur Branch
Contact 0663-2533384
Bank Details Bank Of Baroda Sambalpur Branch BARB0SAMBAL
Location Sambalpur, Sambalpur
City Sambalpur
District Sambalpur
State Orissa
Pincode 768001
Country IN
Address Sambalpur branch,g.m. College chhak, dist: sambalpur,sambalpur,768001
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 768012002 for Sambalpur 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 768012002 of Baroda Bank, Sambalpur Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sambalpur Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of Baroda are available with micr code -

>>Kantapali >>Khetrajpur Orissa >>Regional Sarb Sambalpur >>Sambalpur >>Sambalpur >>Sambalpur Branch

MICR code for Bank Of Baroda Sambalpur 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 Sambalpur 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. 768012002 is the MICR code of BOB for Sambalpur Branch branch. MICR code for Sambalpur 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 Sambalpur Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Sambalpur Branch branch in sambalpur

The MICR code 768012002 is used in RBI cheque clearing process to identify the branch Sambalpur 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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