Bank Of Baroda Bhadravati Shimoga Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Bhadravati Shimoga Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Old Town
Contact
Bank Details Bank Of Baroda Old Town BARB0VJBHOT
Location Bhadravati, Shimoga
City Bhadravati
District Shimoga
State Karnataka
Pincode 577303
Country IN
Address Oppgovt hospital , channagiri road , old town , bhadravathi , 577303
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 Old Town 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, Old Town branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Old Town branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>B H Road Bhadravathi >>Bhadravathi >>Old Town

MICR code for Bank Of Baroda Old Town

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 Old Town 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 Old Town branch. MICR code for Old Town 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 Old Town is presented in the table alongside.

Use of Baroda Bank MICR code for Old Town branch in bhadravati

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