Bank Of Baroda Koday Kachchh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Koday Kachchh Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kodai
Contact
Bank Details Bank Of Baroda Kodai BARB0VJKODA
Location Koday, Kachchh
City Koday
District Kachchh
State Gujarat
Pincode 389151
Country IN
Address R r no1691 sr no680 , paiki plot no83,84 85 , kodai,mandi tqkutch dist , kodai , 389151
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 Kodai 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, Kodai branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kodai 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 -

>>Kodai

MICR code for Bank Of Baroda Kodai

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

Use of Baroda Bank MICR code for Kodai branch in koday

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