Bank Of Baroda Saraiya Muzaffarpur Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Saraiya Muzaffarpur Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saraiya Bihar
Contact 1800223344
Bank Details Bank Of Baroda Saraiya Bihar BARB0SARAIY
Location Saraiya, Muzaffarpur
City Saraiya
District Muzaffarpur
State Bihar
Pincode 843126
Country IN
Address Near police station,block saraiya,dist muzaffarpur,saraiya,bihar – 843126.
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 842012508 for Saraiya 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 842012508 of Baroda Bank, Saraiya Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Saraiya 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 -

>>Saraiya Bihar

MICR code for Bank Of Baroda Saraiya 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 Saraiya 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. 842012508 is the MICR code of BOB for Saraiya Bihar branch. MICR code for Saraiya 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 Saraiya Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Saraiya Bihar branch in saraiya

The MICR code 842012508 is used in RBI cheque clearing process to identify the branch Saraiya 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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