Bank Of Baroda Bholgamda Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Bholgamda Rajkot Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bholgamda Gujarat
Contact 02824-284179
Bank Details Bank Of Baroda Bholgamda Gujarat BARB0BHOLGA
Location Bholgamda, Rajkot
City Bholgamda
District Rajkot
State Gujarat
Pincode 360410
Country IN
Address Bholgamda, tal.dhoraji, dist.rajkot, gujarat - 360 410.
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 360012502 for Bholgamda 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 360012502 of Baroda Bank, Bholgamda Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Bholgamda 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 -

>>Bholgamda Gujarat

MICR code for Bank Of Baroda Bholgamda 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 Bholgamda 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. 360012502 is the MICR code of BOB for Bholgamda Gujarat branch. MICR code for Bholgamda 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 Bholgamda Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Bholgamda Gujarat branch in bholgamda

The MICR code 360012502 is used in RBI cheque clearing process to identify the branch Bholgamda 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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