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Bank Of Baroda Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Bangalore Bangalore Urban Karnataka

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajarajeshwari Nagar Karnataka
Contact 080-22225894
Bank Details Bank Of Baroda Rajarajeshwari Nagar Karnataka BARB0RAJBAN
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560098
Country IN
Address 874, beml layout,4th stage,rajarajeshwari nagar,bangalore,karnataka – 560098.
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 Rajarajeshwari Nagar 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 0 of Baroda Bank, Rajarajeshwari Nagar Karnataka branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rajarajeshwari Nagar Karnataka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Rajarajeshwari Nagar 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 Rajarajeshwari Nagar 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. 0 is the MICR code of BOB for Rajarajeshwari Nagar Karnataka branch. MICR code for Rajarajeshwari Nagar 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 Rajarajeshwari Nagar Karnataka is presented in the table alongside.

Use of Baroda Bank MICR code for Rajarajeshwari Nagar Karnataka branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Rajarajeshwari Nagar 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.