Bank Of Baroda Sarangarh Raigarh Chhattisgarh MICR CODE

Find MICR Codes for Bank Of Baroda Sarangarh Raigarh Chhattisgarh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sarangarh Chhattisgarh
Contact 07768-233265
Bank Details Bank Of Baroda Sarangarh Chhattisgarh BARB0SARRAI
Location Sarangarh, Raigarh
City Sarangarh
District Raigarh
State Chhattisgarh
Pincode 496445
Country IN
Address Sharda niwas, opp. Post office, sarangarh, chhatisgarh - 496 445.
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 496012502 for Sarangarh Chhattisgarh 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 496012502 of Baroda Bank, Sarangarh Chhattisgarh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sarangarh Chhattisgarh 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 -

>>Sarangarh Chhattisgarh

MICR code for Bank Of Baroda Sarangarh Chhattisgarh

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 Sarangarh Chhattisgarh 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. 496012502 is the MICR code of BOB for Sarangarh Chhattisgarh branch. MICR code for Sarangarh Chhattisgarh 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 Sarangarh Chhattisgarh is presented in the table alongside.

Use of Baroda Bank MICR code for Sarangarh Chhattisgarh branch in sarangarh

The MICR code 496012502 is used in RBI cheque clearing process to identify the branch Sarangarh Chhattisgarh 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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