Bank Of Baroda Somnath Junagadh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Somnath Junagadh Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Evijaya Veraval
Contact
Bank Details Bank Of Baroda Evijaya Veraval BARB0VJVERV
Location Somnath, Junagadh
City Somnath
District Junagadh
State Gujarat
Pincode 362265
Country IN
Address 1st floor sadguru arcade sadguru arcade rajmahal road near tower junction veraval veraval 362265
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 Evijaya Veraval 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, Evijaya Veraval branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Evijaya Veraval 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 -

>>Evijaya Veraval

MICR code for Bank Of Baroda Evijaya Veraval

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 Evijaya Veraval 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 Evijaya Veraval branch. MICR code for Evijaya Veraval 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 Evijaya Veraval is presented in the table alongside.

Use of Baroda Bank MICR code for Evijaya Veraval branch in somnath

The MICR code 0 is used in RBI cheque clearing process to identify the branch Evijaya Veraval 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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