Bank Of Baroda Gondal Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Gondal 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 Gondal Branch
Contact 02825-220467
Bank Details Bank Of Baroda Gondal Branch BARB0GONDAL
Location Gondal, Rajkot
City Gondal
District Rajkot
State Gujarat
Pincode 360311
Country IN
Address Gondal branch,college chowk,,gondal,360311
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 360012041 for Gondal Branch 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 360012041 of Baroda Bank, Gondal Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gondal Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of Baroda are available with micr code -

>>Gondal >>Gondal Branch >>Kotdasangani Gujarat

MICR code for Bank Of Baroda Gondal Branch

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 Gondal Branch 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. 360012041 is the MICR code of BOB for Gondal Branch branch. MICR code for Gondal Branch 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 Gondal Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Gondal Branch branch in gondal

The MICR code 360012041 is used in RBI cheque clearing process to identify the branch Gondal Branch 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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