Bank Of Baroda Chachadi Belgaum Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Chachadi Belgaum Karnataka

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State
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Address

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	Chachadi
Contact
Bank Details	Bank Of Baroda Chachadi BARB0VJCHDI

Location	Chachadi, Belgaum
City	Chachadi
District	Belgaum
State	Karnataka
Pincode	591102
Country	IN
Address	No1026, near gram panchayat , chachadi village post , belgaum dist , chachadi , 591102

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

>>Chachadi

MICR code for Bank Of Baroda Chachadi

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

Use of Baroda Bank MICR code for Chachadi branch in chachadi

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