Bank Of Baroda Bajpe Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Bajpe 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 Kateel
Contact
Bank Details Bank Of Baroda Kateel BARB0VJKATE
Location Bajpe, Dakshin Kannad
City Bajpe
District Dakshin Kannad
State Karnataka
Pincode 574148
Country IN
Address Guest house bldg , kateel , mangalore taluk , kateel , 574148
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 Kateel 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, Kateel branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kateel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Bajpe >>Kaikamba >>Kateel

MICR code for Bank Of Baroda Kateel

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

Use of Baroda Bank MICR code for Kateel branch in bajpe

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