Bank Of Baroda Kothapet Jagitial Telangana MICR CODE

Find MICR Codes for Bank Of Baroda Kothapet Jagitial Telangana

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kothapeta Jagtial
Contact
Bank Details Bank Of Baroda Kothapeta Jagtial BARB0VJKOTH
Location Kothapet, Jagitial
City Kothapet
District Jagitial
State Telangana
Pincode 505526
Country IN
Address Kothapet village , velagatur mandal , jagityal district telangana , kothapeta , 505526
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 Kothapeta Jagtial 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, Kothapeta Jagtial branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kothapeta Jagtial 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 -

>>Kothapeta Jagtial

MICR code for Bank Of Baroda Kothapeta Jagtial

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 Kothapeta Jagtial 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 Kothapeta Jagtial branch. MICR code for Kothapeta Jagtial 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 Kothapeta Jagtial is presented in the table alongside.

Use of Baroda Bank MICR code for Kothapeta Jagtial branch in kothapet

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