Bank Of Baroda Kosamba Valsad Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Kosamba Valsad Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kosamba Dist Valsad
Contact 02632-242113
Bank Details Bank Of Baroda Kosamba Dist Valsad BARB0KOSBUL
Location Kosamba, Valsad
City Kosamba
District Valsad
State Gujarat
Pincode 396001
Country IN
Address Desai falia, kosamba(bhagda), dist-bulsar, (guj)-396001
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 396012004 for Kosamba Dist Valsad 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 396012004 of Baroda Bank, Kosamba Dist Valsad branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kosamba Dist Valsad 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 -

>>Kosamba Dist Valsad

MICR code for Bank Of Baroda Kosamba Dist Valsad

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 Kosamba Dist Valsad 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. 396012004 is the MICR code of BOB for Kosamba Dist Valsad branch. MICR code for Kosamba Dist Valsad 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 Kosamba Dist Valsad is presented in the table alongside.

Use of Baroda Bank MICR code for Kosamba Dist Valsad branch in kosamba

The MICR code 396012004 is used in RBI cheque clearing process to identify the branch Kosamba Dist Valsad 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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