Bank Of Baroda Mudhol Bagalkot Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Mudhol Bagalkot Karnataka

Bank
State
District
City
Branch
Address

MICR Code	587012102
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	Mudhol Dist. Bagalkote
Contact	08350/283666/ 67
Bank Details	Bank Of Baroda Mudhol Dist. Bagalkote BARB0MUDHOL

Location	Mudhol, Bagalkot
City	Mudhol
District	Bagalkot
State	Karnataka
Pincode	587313
Country	IN
Address	Dr hosurs complex, basavanagar, rana circle, mudhole, karnataka - 587 313

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 587012102 for Mudhol Dist. Bagalkote 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 587012102 of Baroda Bank, Mudhol Dist. Bagalkote branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Mudhol Dist. Bagalkote 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 -

>>Mudhol Dist. Bagalkote

MICR code for Bank Of Baroda Mudhol Dist. Bagalkote

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 Mudhol Dist. Bagalkote 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. 587012102 is the MICR code of BOB for Mudhol Dist. Bagalkote branch. MICR code for Mudhol Dist. Bagalkote 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 Mudhol Dist. Bagalkote is presented in the table alongside.

Use of Baroda Bank MICR code for Mudhol Dist. Bagalkote branch in mudhol

The MICR code 587012102 is used in RBI cheque clearing process to identify the branch Mudhol Dist. Bagalkote 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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