Bank Of Baroda Shimoga Shimoga Karnataka MICR CODE

Find MICR Codes for Bank Of Baroda Shimoga Shimoga Karnataka

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shimoga L B S Nagar
Contact
Bank Details Bank Of Baroda Shimoga L B S Nagar BARB0VJSHLB
Location Shimoga, Shimoga
City Shimoga
District Shimoga
State Karnataka
Pincode 577204
Country IN
Address No.891,savalanaga road , lal bahadur shastri nagar , shimoga , shimoga , 577204
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 Shimoga L B S Nagar 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, Shimoga L B S Nagar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shimoga L B S Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of Baroda are available with micr code -

>>B H Road Shimoga >>S R Rasthe Shimoga >>Shimoga >>Shimoga Karnataka >>Shimoga L B S Nagar >>Vinobanagar Shimoga

MICR code for Bank Of Baroda Shimoga L B S Nagar

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 Shimoga L B S Nagar 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 Shimoga L B S Nagar branch. MICR code for Shimoga L B S Nagar 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 Shimoga L B S Nagar is presented in the table alongside.

Use of Baroda Bank MICR code for Shimoga L B S Nagar branch in shimoga

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shimoga L B S Nagar 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.

Copied!