Bank Of Baroda Kinnigoli Dakshin Kannad Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Kinnigoli Dakshin Kannad Karnataka

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kinnigoli Karnataka
Contact 98802426840\8242000000
Bank Details Bank Of Baroda Kinnigoli Karnataka BARB0KINNIG
Location Kinnigoli, Dakshin Kannad
City Kinnigoli
District Dakshin Kannad
State Karnataka
Pincode 574150
Country IN
Address Shri guru complex,main road,kinnigoli,district – dakshin kannada,karnataka – 574 150
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 575012007 for Kinnigoli Karnataka 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 575012007 of Baroda Bank, Kinnigoli Karnataka branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kinnigoli Karnataka 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 -

>>Kinnigoli Karnataka

MICR code for Bank Of Baroda Kinnigoli Karnataka

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 Kinnigoli Karnataka 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. 575012007 is the MICR code of BOB for Kinnigoli Karnataka branch. MICR code for Kinnigoli Karnataka 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 Kinnigoli Karnataka is presented in the table alongside.

Use of Baroda Bank MICR code for Kinnigoli Karnataka branch in kinnigoli

The MICR code 575012007 is used in RBI cheque clearing process to identify the branch Kinnigoli Karnataka 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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