Bank Of Baroda Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Vadodara Vadodara Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gotri
Contact
Bank Details Bank Of Baroda Gotri BARB0DBGOTR
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390021
Country IN
Address 1st floor vedang residency oppositenarayan garden gotri vadodara vadodara vadodara gujarat 390021
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 Gotri 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, Gotri branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gotri branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Gotri

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

Use of Baroda Bank MICR code for Gotri branch in vadodara

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