Bank Of Baroda Kotagiri Nilgiris Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Kotagiri Nilgiris Tamil Nadu

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotagiri
Contact
Bank Details Bank Of Baroda Kotagiri BARB0VJKONI
Location Kotagiri, Nilgiris
City Kotagiri
District Nilgiris
State Tamil Nadu
Pincode 643217
Country IN
Address 27170,metupalyam rd , kotagiri , nilgiri dist , kotagiri , 643217
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 Kotagiri 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, Kotagiri branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kotagiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Kotagiri >>Kothagiri

MICR code for Bank Of Baroda Kotagiri

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

Use of Baroda Bank MICR code for Kotagiri branch in kotagiri

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