Bank Of Baroda Bhandiwad Dharwad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Bhandiwad Dharwad Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhandiwad
Contact
Bank Details Bank Of Baroda Bhandiwad BARB0VJBHWD
Location Bhandiwad, Dharwad
City Bhandiwad
District Dharwad
State Karnataka
Pincode 580213
Country IN
Address Bhandiwad , postmantur , hubli taluk , bhandiwad , 580213
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 Bhandiwad 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, Bhandiwad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bhandiwad 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 -

>>Bhandiwad

MICR code for Bank Of Baroda Bhandiwad

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

Use of Baroda Bank MICR code for Bhandiwad branch in bhandiwad

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