Bank Of Baroda Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Coimbatore 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 Sastri Road Branch
Contact 0422-2545678,2540567
Bank Details Bank Of Baroda Sastri Road Branch BARB0CMRABS
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641009
Country IN
Address Sastri road branch,216,sastri road, ramnagar,coimbator,641009
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 641012007 for Sastri Road Branch 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 641012007 of Baroda Bank, Sastri Road Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sastri Road Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Sastri Road Branch

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 Sastri Road Branch 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. 641012007 is the MICR code of BOB for Sastri Road Branch branch. MICR code for Sastri Road Branch 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 Sastri Road Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Sastri Road Branch branch in coimbatore

The MICR code 641012007 is used in RBI cheque clearing process to identify the branch Sastri Road Branch 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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