Bank Of Baroda Katur Uttar Kannad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Katur Uttar Kannad Karnataka

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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	Katur
Contact
Bank Details	Bank Of Baroda Katur BARB0VJKATU

Location	Katur, Uttar Kannad
City	Katur
District	Uttar Kannad
State	Karnataka
Pincode	581346
Country	IN
Address	Opp.grama panchayat , hublisirsi road,katur , mundagod taluk, u k dist , katur , 581346

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

>>Katur

MICR code for Bank Of Baroda Katur

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

Use of Baroda Bank MICR code for Katur branch in katur

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