Bank Of Baroda Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Salem Salem 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 Salem City Tamilnadu
Contact 09443890369-Mr. Govindraj
Bank Details Bank Of Baroda Salem City Tamilnadu BARB0SALCTY
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636004
Country IN
Address K j plaza, 221 meyyanoor road, near new bus stand, salem, tamilnadu-636004
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 Salem City Tamilnadu 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, Salem City Tamilnadu branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Salem City Tamilnadu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Salem >>Salem Branch >>Salem City Tamilnadu >>Salem Gugai

MICR code for Bank Of Baroda Salem City Tamilnadu

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 Salem City Tamilnadu 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 Salem City Tamilnadu branch. MICR code for Salem City Tamilnadu 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 Salem City Tamilnadu is presented in the table alongside.

Use of Baroda Bank MICR code for Salem City Tamilnadu branch in salem

The MICR code 0 is used in RBI cheque clearing process to identify the branch Salem City Tamilnadu 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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