Bank Of Baroda Nanjangud Mysore Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Nanjangud Mysore Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nanjangud Karnataka
Contact
Bank Details Bank Of Baroda Nanjangud Karnataka BARB0NANJAN
Location Nanjangud, Mysore
City Nanjangud
District Mysore
State Karnataka
Pincode 571301
Country IN
Address No.3052/2938, 20th cross , srikantapuri extension, r.p.road, nanjangud, karnataka - 571301.
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 570012004 for Nanjangud Karnataka 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 570012004 of Baroda Bank, Nanjangud Karnataka branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Nanjangud Karnataka 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 -

>>M S M Enanjangud >>Nanjangud Karnataka

MICR code for Bank Of Baroda Nanjangud Karnataka

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 Nanjangud Karnataka 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. 570012004 is the MICR code of BOB for Nanjangud Karnataka branch. MICR code for Nanjangud Karnataka 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 Nanjangud Karnataka is presented in the table alongside.

Use of Baroda Bank MICR code for Nanjangud Karnataka branch in nanjangud

The MICR code 570012004 is used in RBI cheque clearing process to identify the branch Nanjangud Karnataka 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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