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 Sidhapudur
Contact
Bank Details Bank Of Baroda Sidhapudur BARB0DBSPUD
Location Coimbatore, Coimbatore
City Coimbatore
District Coimbatore
State Tamil Nadu
Pincode 641044
Country IN
Address Dhanalaxmi nagar37 sarojini naidu road coimbatore coimbatore tamil nadu 641044
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 Sidhapudur 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, Sidhapudur branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sidhapudur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Sidhapudur

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

Use of Baroda Bank MICR code for Sidhapudur branch in coimbatore

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