Bank Of Baroda Bakrol Anand Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Bakrol Anand Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barkrol Gujarat
Contact 02692-258588
Bank Details Bank Of Baroda Barkrol Gujarat BARB0BAKROL
Location Bakrol, Anand
City Bakrol
District Anand
State Gujarat
Pincode 388315
Country IN
Address Bank of baroda,bakrol branch,ground floor,g/10, pearl heritage bldg,near bakrol main gate,bakrol,anand,gujarat – 388315.
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 388012011 for Barkrol Gujarat 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 388012011 of Baroda Bank, Barkrol Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Barkrol Gujarat 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 -

>>Barkrol Gujarat

MICR code for Bank Of Baroda Barkrol Gujarat

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 Barkrol Gujarat 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. 388012011 is the MICR code of BOB for Barkrol Gujarat branch. MICR code for Barkrol Gujarat 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 Barkrol Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Barkrol Gujarat branch in bakrol

The MICR code 388012011 is used in RBI cheque clearing process to identify the branch Barkrol Gujarat 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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