Bank Of Baroda Kote Udipi Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Kote Udipi Karnataka

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State
District
City
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Address

MICR Code	-NA-
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Saibarkatta
Contact
Bank Details	Bank Of Baroda Saibarkatta BARB0VJSAIK

Location	Kote, Udipi
City	Kote
District	Udipi
State	Karnataka
Pincode	576266
Country	IN
Address	Saibarkatta , udupi taluk , udupi dist , ã½shiriyara , 576266

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 Saibarkatta 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, Saibarkatta branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Saibarkatta 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 -

>>Saibarkatta

MICR code for Bank Of Baroda Saibarkatta

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

Use of Baroda Bank MICR code for Saibarkatta branch in kote

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