Bank Of Baroda Badagumijaru Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Badagumijaru Dakshin Kannad Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Badaga Mijar
Contact
Bank Details Bank Of Baroda Badaga Mijar BARB0VJBAMI
Location Badagumijaru, Dakshin Kannad
City Badagumijaru
District Dakshin Kannad
State Karnataka
Pincode 574225
Country IN
Address Badaga mijar , post mijar , managalore taluk , badaga mijar , 574225
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 Badaga Mijar 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, Badaga Mijar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Badaga Mijar 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 -

>>Badaga Mijar

MICR code for Bank Of Baroda Badaga Mijar

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 Badaga Mijar 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 Badaga Mijar branch. MICR code for Badaga Mijar 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 Badaga Mijar is presented in the table alongside.

Use of Baroda Bank MICR code for Badaga Mijar branch in badagumijaru

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