Bank Of Baroda Peelamedu Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Peelamedu Coimbatore Tamil Nadu

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Peelamedu Br. Dist. Coimbatore T.N.
Contact 0422-2570700
Bank Details Bank Of Baroda Peelamedu Br. Dist. Coimbatore T.N. BARB0PEELAM
Location Peelamedu, Coimbatore
City Peelamedu
District Coimbatore
State Tamil Nadu
Pincode 641014
Country IN
Address 45, dr.jaganathan nagar, avinashi road, peelamedu, dist. Coimbatore, tamil nadu - 641 014.
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 641012008 for Peelamedu Br. Dist. Coimbatore T.N. 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 641012008 of Baroda Bank, Peelamedu Br. Dist. Coimbatore T.N. branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Peelamedu Br. Dist. Coimbatore T.N. 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 -

>>Peelamedu Br. Dist. Coimbatore T.N.

MICR code for Bank Of Baroda Peelamedu Br. Dist. Coimbatore T.N.

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 Peelamedu Br. Dist. Coimbatore T.N. 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. 641012008 is the MICR code of BOB for Peelamedu Br. Dist. Coimbatore T.N. branch. MICR code for Peelamedu Br. Dist. Coimbatore T.N. 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 Peelamedu Br. Dist. Coimbatore T.N. is presented in the table alongside.

Use of Baroda Bank MICR code for Peelamedu Br. Dist. Coimbatore T.N. branch in peelamedu

The MICR code 641012008 is used in RBI cheque clearing process to identify the branch Peelamedu Br. Dist. Coimbatore T.N. 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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