Bank Of Baroda Chadotar Banas Kantha Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Chadotar Banas Kantha Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chadotar Gujarat
Contact 02742 80311/40870
Bank Details Bank Of Baroda Chadotar Gujarat BARB0CHADOT
Location Chadotar, Banas Kantha
City Chadotar
District Banas Kantha
State Gujarat
Pincode 385002
Country IN
Address To : chadotar, tal. Palanpir, palanpur mehsana gujarat 385002
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 385012502 for Chadotar 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 385012502 of Baroda Bank, Chadotar Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chadotar 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 -

>>Chadotar Gujarat

MICR code for Bank Of Baroda Chadotar 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 Chadotar 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. 385012502 is the MICR code of BOB for Chadotar Gujarat branch. MICR code for Chadotar 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 Chadotar Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Chadotar Gujarat branch in chadotar

The MICR code 385012502 is used in RBI cheque clearing process to identify the branch Chadotar 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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