Bank Of Baroda Jabalpur Jabalpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Jabalpur Jabalpur Madhya Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijay Nagar Jabalpur
Contact 0761-4087201,4087202
Bank Details Bank Of Baroda Vijay Nagar Jabalpur BARB0VIJAYN
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482002
Country IN
Address 635, sbi chowk, near hdfc bank,vijay nagar,jabalpur,madhya pradesh – 482 002
MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vijay Nagar Jabalpur
Contact
Bank Details Bank Of Baroda Vijay Nagar Jabalpur BARB0VJVIJA
Location Jabalpur, Jabalpur
City Jabalpur
District Jabalpur
State Madhya Pradesh
Pincode 482002
Country IN
Address Plot no. 205 and 194, rameshwaram colony, , m.r. 4 road, near shankar energy hp petrol pump, , vijay nagar jabalpur , jabalpur , 482002
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 Vijay Nagar Jabalpur 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, Vijay Nagar Jabalpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Vijay Nagar Jabalpur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Vijay Nagar Jabalpur

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 Vijay Nagar Jabalpur 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 Vijay Nagar Jabalpur branch. MICR code for Vijay Nagar Jabalpur 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 Vijay Nagar Jabalpur is presented in the table alongside.

Use of Baroda Bank MICR code for Vijay Nagar Jabalpur branch in jabalpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Vijay Nagar Jabalpur 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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