Bank Of Baroda Umerkote Nowrangpur Orissa MICR CODE

Find MICR Codes for Bank Of Baroda Umerkote Nowrangpur Orissa

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Umarkote
Contact
Bank Details Bank Of Baroda Umarkote BARB0UMARKO
Location Umerkote, Nowrangpur
City Umerkote
District Nowrangpur
State Orissa
Pincode 764073
Country IN
Address At gulipatna umarkote dist nabrangapur orissa 764073
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 Umarkote 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, Umarkote branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Umarkote 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 -

>>Umarkote

MICR code for Bank Of Baroda Umarkote

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

Use of Baroda Bank MICR code for Umarkote branch in umerkote

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