Bank Of Baroda Kottiyam Kollam Kerala MICR CODE

Find MICR Codes for Bank Of Baroda Kottiyam Kollam Kerala

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MICR Code	691012003
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	Kottiyam Kerala
Contact	1800223344
Bank Details	Bank Of Baroda Kottiyam Kerala BARB0KOTTIY

Location	Kottiyam, Kollam
City	Kottiyam
District	Kollam
State	Kerala
Pincode	691571
Country	IN
Address	Ground floor, mams commercial complex, esi junction, kottiyam, quilon, kerala - 691571.

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 691012003 for Kottiyam Kerala 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 691012003 of Baroda Bank, Kottiyam Kerala branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kottiyam Kerala 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 -

>>Kottiyam Kerala

MICR code for Bank Of Baroda Kottiyam Kerala

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 Kottiyam Kerala 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. 691012003 is the MICR code of BOB for Kottiyam Kerala branch. MICR code for Kottiyam Kerala 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 Kottiyam Kerala is presented in the table alongside.

Use of Baroda Bank MICR code for Kottiyam Kerala branch in kottiyam

The MICR code 691012003 is used in RBI cheque clearing process to identify the branch Kottiyam Kerala 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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