Bank Of Baroda Kotabagh Nainital Uttrakhand MICR CODE

Find MICR Codes for Bank Of Baroda Kotabagh Nainital Uttrakhand

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotabag Br Dist. Nainital Uttarakhand
Contact 05947-285025
Bank Details Bank Of Baroda Kotabag Br Dist. Nainital Uttarakhand BARB0KOTABA
Location Kotabagh, Nainital
City Kotabagh
District Nainital
State Uttrakhand
Pincode 263159
Country IN
Address Kotabagh, dist. Nainital, uttarakhand - 263 159
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 263012352 for Kotabag Br Dist. Nainital Uttarakhand 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 263012352 of Baroda Bank, Kotabag Br Dist. Nainital Uttarakhand branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kotabag Br Dist. Nainital Uttarakhand 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 -

>>Kotabag Br Dist. Nainital Uttarakhand

MICR code for Bank Of Baroda Kotabag Br Dist. Nainital Uttarakhand

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 Kotabag Br Dist. Nainital Uttarakhand 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. 263012352 is the MICR code of BOB for Kotabag Br Dist. Nainital Uttarakhand branch. MICR code for Kotabag Br Dist. Nainital Uttarakhand 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 Kotabag Br Dist. Nainital Uttarakhand is presented in the table alongside.

Use of Baroda Bank MICR code for Kotabag Br Dist. Nainital Uttarakhand branch in kotabagh

The MICR code 263012352 is used in RBI cheque clearing process to identify the branch Kotabag Br Dist. Nainital Uttarakhand 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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