Bank Of Baroda Ottapalam Palakkad Kerala MICR CODE

Find MICR Codes for Bank Of Baroda Ottapalam Palakkad Kerala

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ottapalam Kerala
Contact 0466-2244210
Bank Details Bank Of Baroda Ottapalam Kerala BARB0OTTAPA
Location Ottapalam, Palakkad
City Ottapalam
District Palakkad
State Kerala
Pincode 679101
Country IN
Address Modern tower, 1st floor, 23-507(1-3),main road, ottapalam, kerala 679 101
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 679012002 for Ottapalam 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 679012002 of Baroda Bank, Ottapalam Kerala branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ottapalam 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 -

>>Ottapalam Kerala

MICR code for Bank Of Baroda Ottapalam 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 Ottapalam 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. 679012002 is the MICR code of BOB for Ottapalam Kerala branch. MICR code for Ottapalam 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 Ottapalam Kerala is presented in the table alongside.

Use of Baroda Bank MICR code for Ottapalam Kerala branch in ottapalam

The MICR code 679012002 is used in RBI cheque clearing process to identify the branch Ottapalam 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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