Bank Of Baroda Manawar Dhar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Manawar Dhar Madhya Pradesh

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MICR Code	-NA-
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	Tonki
Contact	1800223344
Bank Details	Bank Of Baroda Tonki BARB0TONKIX

Location	Manawar, Dhar
City	Manawar
District	Dhar
State	Madhya Pradesh
Pincode	454446
Country	IN
Address	Near busstand,village tonki,tehsil manawar,dist dhar,madhya pradesh – 454446

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 Tonki 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, Tonki branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Tonki 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 -

>>Tonki

MICR code for Bank Of Baroda Tonki

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 Tonki 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 Tonki branch. MICR code for Tonki 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 Tonki is presented in the table alongside.

Use of Baroda Bank MICR code for Tonki branch in manawar

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