Bank Of Baroda Kharol Panch Mahals Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Kharol Panch Mahals Gujarat

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MICR Code	389012523
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	Kharol Gujarat
Contact
Bank Details	Bank Of Baroda Kharol Gujarat BARB0KHAROL

Location	Kharol, Panch Mahals
City	Kharol
District	Panch Mahals
State	Gujarat
Pincode	389220
Country	IN
Address	Sardar chowk, kharol, dist.panchmahals, gujarat - 389 220.

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 389012523 for Kharol 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 389012523 of Baroda Bank, Kharol Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kharol 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 -

>>Kharol Gujarat

MICR code for Bank Of Baroda Kharol 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 Kharol 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. 389012523 is the MICR code of BOB for Kharol Gujarat branch. MICR code for Kharol 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 Kharol Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Kharol Gujarat branch in kharol

The MICR code 389012523 is used in RBI cheque clearing process to identify the branch Kharol 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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