Bank Of Baroda Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Hubli Dharwad Dharwad Karnataka

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MICR Code	580012302
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	Dharwar Branch
Contact	0836-2447862
Bank Details	Bank Of Baroda Dharwar Branch BARB0DHARWA

Location	Hubli Dharwad, Dharwad
City	Hubli Dharwad
District	Dharwad
State	Karnataka
Pincode	583008
Country	IN
Address	Dharwar branch, goa road, narayanapura, dharwar, dharwar, 583008

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 580012302 for Dharwar Branch 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 580012302 of Baroda Bank, Dharwar Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Dharwar Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Dharwar Branch >>Hubli Branch

MICR code for Bank Of Baroda Dharwar Branch

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 Dharwar Branch 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. 580012302 is the MICR code of BOB for Dharwar Branch branch. MICR code for Dharwar Branch 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 Dharwar Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Dharwar Branch branch in hubli dharwad

The MICR code 580012302 is used in RBI cheque clearing process to identify the branch Dharwar Branch 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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