Bank Of Baroda Talonde Digar Jalgaon Maharashtra MICR CODE

Find MICR Codes for Bank Of Baroda Talonde Digar Jalgaon Maharashtra

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Talonde Maharashtra
Contact 02589-251345
Bank Details Bank Of Baroda Talonde Maharashtra BARB0TALCHA
Location Talonde Digar, Jalgaon
City Talonde Digar
District Jalgaon
State Maharashtra
Pincode 424016
Country IN
Address Talonde, tal.chalisgaon, dist.jalgaon, maharashtra - 424 016.
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 Talonde Maharashtra 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, Talonde Maharashtra branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Talonde Maharashtra 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 -

>>Talonde Maharashtra

MICR code for Bank Of Baroda Talonde Maharashtra

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 Talonde Maharashtra 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 Talonde Maharashtra branch. MICR code for Talonde Maharashtra 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 Talonde Maharashtra is presented in the table alongside.

Use of Baroda Bank MICR code for Talonde Maharashtra branch in talonde digar

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