Bank Of Baroda Erode Erode Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Erode Erode 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 Veppampalayam Tn
Contact 1800223344
Bank Details Bank Of Baroda Veppampalayam Tn BARB0VEPPAM
Location Erode, Erode
City Erode
District Erode
State Tamil Nadu
Pincode 638111
Country IN
Address Plot no 10 11 and 12 ram nagar via kkalmedu veppampalayam erode tamilnadu 638111
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 Veppampalayam Tn 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, Veppampalayam Tn branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Veppampalayam Tn branch, makes the characters readable even if there are other marks and stamps on it.

A total of 7 branches of Bank Of Baroda are available with micr code -

>>Erode >>Erode Branch >>Gobichettypalayam >>Moolapalayam Tn >>Perundurai >>Thindal Erode >>Veppampalayam Tn

MICR code for Bank Of Baroda Veppampalayam Tn

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 Veppampalayam Tn 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 Veppampalayam Tn branch. MICR code for Veppampalayam Tn 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 Veppampalayam Tn is presented in the table alongside.

Use of Baroda Bank MICR code for Veppampalayam Tn branch in erode

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