Bank Of Baroda Teggi Bagalkote Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Teggi Bagalkote Karnataka

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State
District
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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	Teggi
Contact
Bank Details	Bank Of Baroda Teggi BARB0VJTEGG

Location	Teggi, Bagalkote
City	Teggi
District	Bagalkote
State	Karnataka
Pincode	587117
Country	IN
Address	D m oswal building , teggi , bilagi taluk , teggi , 587117

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

>>Teggi

MICR code for Bank Of Baroda Teggi

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

Use of Baroda Bank MICR code for Teggi branch in teggi

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