Bank Of Baroda Mayamudi Kodagu Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Mayamudi Kodagu Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Konanakatte
Contact
Bank Details Bank Of Baroda Konanakatte BARB0VJKKTE
Location Mayamudi, Kodagu
City Mayamudi
District Kodagu
State Karnataka
Pincode 571213
Country IN
Address Konanakatte , post dhanugala , virajpet taluk , konanakatte , 571213
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 Konanakatte 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, Konanakatte branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Konanakatte 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 -

>>Konanakatte

MICR code for Bank Of Baroda Konanakatte

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

Use of Baroda Bank MICR code for Konanakatte branch in mayamudi

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