Bank Of Baroda Mahalingpur Bagalkote Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Mahalingpur Bagalkote Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mahalingpur
Contact
Bank Details Bank Of Baroda Mahalingpur BARB0VJMAGP
Location Mahalingpur, Bagalkote
City Mahalingpur
District Bagalkote
State Karnataka
Pincode 587312
Country IN
Address No 4994 , high school road , mahalingpur , mahalingpur , 587312
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 Mahalingpur 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, Mahalingpur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mahalingpur 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 -

>>Mahalingpur

MICR code for Bank Of Baroda Mahalingpur

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

Use of Baroda Bank MICR code for Mahalingpur branch in mahalingpur

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