Bank Of Baroda Porbandar Porbandar Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Porbandar Porbandar Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatana
Contact
Bank Details Bank Of Baroda Fatana BARB0DBFATA
Location Porbandar, Porbandar
City Porbandar
District Porbandar
State Gujarat
Pincode 360590
Country IN
Address At post fatanatehporbandar fatan porbandar gujarat 360590
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 Fatana 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, Fatana branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Fatana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Bank Of Baroda are available with micr code -

>>Adityana >>Fatana >>Kutiyana >>M.G.Road Branch >>Mahiyari >>N M Porbandar >>Natwar Chowk Porbandar >>Porbandar >>Ranakandorna >>Tukda Miyani >>Visavada >>Wadi Plot

MICR code for Bank Of Baroda Fatana

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 Fatana 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 Fatana branch. MICR code for Fatana 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 Fatana is presented in the table alongside.

Use of Baroda Bank MICR code for Fatana branch in porbandar

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