Bank Of Baroda Chasvad Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Chasvad Bharuch Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chasvad Br. Dist.Bharuch Gujarat
Contact 02643 - 285015
Bank Details Bank Of Baroda Chasvad Br. Dist.Bharuch Gujarat BARB0CHASVA
Location Chasvad, Bharuch
City Chasvad
District Bharuch
State Gujarat
Pincode 393130
Country IN
Address Chasvad, tal. Valia, dist. Bharuch, gujarat - 393 130
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 393012502 for Chasvad Br. Dist.Bharuch 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 393012502 of Baroda Bank, Chasvad Br. Dist.Bharuch Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Chasvad Br. Dist.Bharuch 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 -

>>Chasvad Br. Dist.Bharuch Gujarat

MICR code for Bank Of Baroda Chasvad Br. Dist.Bharuch 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 Chasvad Br. Dist.Bharuch 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. 393012502 is the MICR code of BOB for Chasvad Br. Dist.Bharuch Gujarat branch. MICR code for Chasvad Br. Dist.Bharuch 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 Chasvad Br. Dist.Bharuch Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Chasvad Br. Dist.Bharuch Gujarat branch in chasvad

The MICR code 393012502 is used in RBI cheque clearing process to identify the branch Chasvad Br. Dist.Bharuch 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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