Bank Of Baroda Virudhunagar Sivakasi Tamil Nadu MICR CODE

Find MICR Codes for Bank Of Baroda Virudhunagar Sivakasi Tamil Nadu

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Velayutham Rastha Road Sivakasi
Contact 22-1800223344
Bank Details Bank Of Baroda Velayutham Rastha Road Sivakasi BARB0VELAYU
Location Virudhunagar, Sivakasi
City Virudhunagar
District Sivakasi
State Tamil Nadu
Pincode 626123
Country IN
Address Ward b, block 7, plot no 2, ts no 40 by 1a1a1 ts no 40 by 10, velayutham road, opp to srinivas fine arts, near sbi main branch, sivakasi, virudhunagar district, pincode 626123
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 Velayutham Rastha Road Sivakasi 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, Velayutham Rastha Road Sivakasi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Velayutham Rastha Road Sivakasi 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 -

>>Velayutham Rastha Road Sivakasi

MICR code for Bank Of Baroda Velayutham Rastha Road Sivakasi

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 Velayutham Rastha Road Sivakasi 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 Velayutham Rastha Road Sivakasi branch. MICR code for Velayutham Rastha Road Sivakasi 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 Velayutham Rastha Road Sivakasi is presented in the table alongside.

Use of Baroda Bank MICR code for Velayutham Rastha Road Sivakasi branch in virudhunagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Velayutham Rastha Road Sivakasi 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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