Bharat Bank Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for Bharat Bank Bangalore Bangalore Karnataka

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MICR Code
Bank Bharat Co-Op Bank (Mumbai) Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jayanagar
Contact 26857627/26857766
Bank Details Bharat Co-Op Bank (Mumbai) Ltd Jayanagar BCBM0000035
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560041
Country IN
Address Shiva sadan, 9th main road, 5th block, jayanagar, bangalore - 560 041.
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 560112005 for Jayanagar 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 560112005 of Bharat Coop Bank, Jayanagar branch makes the system almost error free and faster. Use of Bharat Coop Bank MICR codes for Jayanagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bharat Co-Op Bank (Mumbai) Ltd are available with micr code -

>>Jayanagar

MICR code for Bharat Bank Jayanagar

Bharat Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bharat Coop Bank MICR code for Jayanagar 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. 560112005 is the MICR code of Bharat Cooperative Bank for Jayanagar branch. MICR code for Jayanagar 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 Bharat Coop Bank Jayanagar is presented in the table alongside.

Use of Bharat Coop Bank MICR code for Jayanagar branch in bangalore

The MICR code 560112005 is used in RBI cheque clearing process to identify the branch Jayanagar and Bharat Coop 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 Bharat Cooperative Bank is typically in either of these two font’s: E-138 and CMC-7.

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