Bank Of Baroda Shahar Karauli Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Shahar Karauli Rajasthan

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MICR Code	322012502
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Shahar Dist. Karauli
Contact	07463-223408
Bank Details	Bank Of Baroda Shahar Dist. Karauli BARB0SHAHAR

Location	Shahar, Karauli
City	Shahar
District	Karauli
State	Rajasthan
Pincode	322204
Country	IN
Address	Shahar the.nadoti, dist.-karauli-322204

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 322012502 for Shahar Dist. Karauli 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 322012502 of Baroda Bank, Shahar Dist. Karauli branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shahar Dist. Karauli 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 -

>>Shahar Dist. Karauli

MICR code for Bank Of Baroda Shahar Dist. Karauli

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 Shahar Dist. Karauli 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. 322012502 is the MICR code of BOB for Shahar Dist. Karauli branch. MICR code for Shahar Dist. Karauli 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 Shahar Dist. Karauli is presented in the table alongside.

Use of Baroda Bank MICR code for Shahar Dist. Karauli branch in shahar

The MICR code 322012502 is used in RBI cheque clearing process to identify the branch Shahar Dist. Karauli 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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