Bank Of Baroda Mekur Hosakeri Kodagu Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Mekur Hosakeri Kodagu Karnataka

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Polibetta
Contact
Bank Details Bank Of Baroda Polibetta BARB0VJPOLI
Location Mekur Hosakeri, Kodagu
City Mekur Hosakeri
District Kodagu
State Karnataka
Pincode 571215
Country IN
Address Polibetta , virajpet taluk , kodagu dist , polibetta , 571215
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 Polibetta 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, Polibetta branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Polibetta 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 -

>>Polibetta

MICR code for Bank Of Baroda Polibetta

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

Use of Baroda Bank MICR code for Polibetta branch in mekur hosakeri

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