Bank Of Baroda Bagalkot Bagalkote Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Bagalkot Bagalkote Karnataka

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Navanagar Bagalkot
Contact
Bank Details Bank Of Baroda Navanagar Bagalkot BARB0VJBNNG
Location Bagalkot, Bagalkote
City Bagalkot
District Bagalkote
State Karnataka
Pincode 587102
Country IN
Address Plot no.2930,sector 25 , opp.bdcc bank , navanagar,bagalkot , bagalkot , 587102
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 Navanagar Bagalkot 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, Navanagar Bagalkot branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Navanagar Bagalkot branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Bagalkot >>Bagalkot >>Navanagar Bagalkot

MICR code for Bank Of Baroda Navanagar Bagalkot

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 Navanagar Bagalkot 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 Navanagar Bagalkot branch. MICR code for Navanagar Bagalkot 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 Navanagar Bagalkot is presented in the table alongside.

Use of Baroda Bank MICR code for Navanagar Bagalkot branch in bagalkot

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