Bank Of Baroda Kalol Panch Mahals Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Kalol Panch Mahals Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kalol Pms Branch
Contact 02676-235845
Bank Details Bank Of Baroda Kalol Pms Branch BARB0KALOLA
Location Kalol, Panch Mahals
City Kalol
District Panch Mahals
State Gujarat
Pincode 389330
Country IN
Address Kalol-pms branch,town hall, kalol dist. Panchmahal,kalol,389330
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 389012506 for Kalol Pms 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 389012506 of Baroda Bank, Kalol Pms Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kalol Pms Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Bakrol Guj >>Kalol Pms Branch

MICR code for Bank Of Baroda Kalol Pms 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 Kalol Pms 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. 389012506 is the MICR code of BOB for Kalol Pms Branch branch. MICR code for Kalol Pms 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 Kalol Pms Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Kalol Pms Branch branch in kalol

The MICR code 389012506 is used in RBI cheque clearing process to identify the branch Kalol Pms 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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