Bank Of Baroda Bharuch Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Bharuch Bharuch Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch In.E.Bharuch Branch
Contact 02642-245091
Bank Details Bank Of Baroda In.E.Bharuch Branch BARB0INDBRO
Location Bharuch, Bharuch
City Bharuch
District Bharuch
State Gujarat
Pincode 392001
Country IN
Address In.e.bharuch branch,old n\h no. 8,bharuch,392001
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 392012003 for In.E.Bharuch 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 392012003 of Baroda Bank, In.E.Bharuch Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for In.E.Bharuch Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda In.E.Bharuch 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 In.E.Bharuch 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. 392012003 is the MICR code of BOB for In.E.Bharuch Branch branch. MICR code for In.E.Bharuch 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 In.E.Bharuch Branch is presented in the table alongside.

Use of Baroda Bank MICR code for In.E.Bharuch Branch branch in bharuch

The MICR code 392012003 is used in RBI cheque clearing process to identify the branch In.E.Bharuch 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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