Bank Of Baroda Sanchore Jalor Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Sanchore Jalor Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sanchore Dist Jalor
Contact 02979-224400
Bank Details Bank Of Baroda Sanchore Dist Jalor BARB0SANCHO
Location Sanchore, Jalor
City Sanchore
District Jalor
State Rajasthan
Pincode 343041
Country IN
Address Raniwara road, main market, sanchore, jalore, rajasthan 343041
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 343012050 for Sanchore Dist Jalor 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 343012050 of Baroda Bank, Sanchore Dist Jalor branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sanchore Dist Jalor 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 -

>>Sanchore Dist Jalor

MICR code for Bank Of Baroda Sanchore Dist Jalor

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 Sanchore Dist Jalor 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. 343012050 is the MICR code of BOB for Sanchore Dist Jalor branch. MICR code for Sanchore Dist Jalor 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 Sanchore Dist Jalor is presented in the table alongside.

Use of Baroda Bank MICR code for Sanchore Dist Jalor branch in sanchore

The MICR code 343012050 is used in RBI cheque clearing process to identify the branch Sanchore Dist Jalor 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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