Bank Of Baroda Gundlav Valsad Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Gundlav Valsad Gujarat

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MICR Code	396012008
Bank	Bank Of Baroda
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gundlav Gujarat
Contact	02632-240686
Bank Details	Bank Of Baroda Gundlav Gujarat BARB0GUNDLA

Location	Gundlav, Valsad
City	Gundlav
District	Valsad
State	Gujarat
Pincode	396035
Country	IN
Address	Jamna nagar soc plot no 5 at & po gundlav dist valsad gujarat-396035

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 396012008 for Gundlav 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 396012008 of Baroda Bank, Gundlav Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Gundlav 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 -

>>Gundlav Gujarat

MICR code for Bank Of Baroda Gundlav 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 Gundlav 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. 396012008 is the MICR code of BOB for Gundlav Gujarat branch. MICR code for Gundlav 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 Gundlav Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Gundlav Gujarat branch in gundlav

The MICR code 396012008 is used in RBI cheque clearing process to identify the branch Gundlav 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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