Bank Of Baroda Hangal Haveri Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Hangal Haveri Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hangal
Contact
Bank Details Bank Of Baroda Hangal BARB0VJHANG
Location Hangal, Haveri
City Hangal
District Haveri
State Karnataka
Pincode 581104
Country IN
Address Tmc no.1953b, t g road , near rajani talkies , hangal,haveri dist , hangal , 581104
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 Hangal 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, Hangal branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Hangal 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 -

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MICR code for Bank Of Baroda Hangal

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

Use of Baroda Bank MICR code for Hangal branch in hangal

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