Bank Of Baroda Madhubani Madhubani Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Madhubani Madhubani Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Saurath
Contact
Bank Details Bank Of Baroda Saurath BARB0DBSAUR
Location Madhubani, Madhubani
City Madhubani
District Madhubani
State Bihar
Pincode 847238
Country IN
Address Rahikasaurath branchlst floorharibabu comprahika chowkvillpopsrahikadist madhuban rahika madhubani bihar 847238
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 0 for Saurath 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 0 of Baroda Bank, Saurath branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Saurath branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Gurumaha Panchayat >>Laxmipur Madhepur >>Madhubani >>Madhubani Bihar >>Saurath

MICR code for Bank Of Baroda Saurath

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 Saurath 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. 0 is the MICR code of BOB for Saurath branch. MICR code for Saurath 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 Saurath is presented in the table alongside.

Use of Baroda Bank MICR code for Saurath branch in madhubani

The MICR code 0 is used in RBI cheque clearing process to identify the branch Saurath 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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