Bank Of Baroda Kothariya Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Kothariya Rajkot Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kotharia Dist Rajkot
Contact 0281-2782100
Bank Details Bank Of Baroda Kotharia Dist Rajkot BARB0KOTHAR
Location Kothariya, Rajkot
City Kothariya
District Rajkot
State Gujarat
Pincode 360002
Country IN
Address Kumberdham bazar, kotharia, rajkot, gujarat - 360 002
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 360012015 for Kotharia Dist Rajkot 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 360012015 of Baroda Bank, Kotharia Dist Rajkot branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Kotharia Dist Rajkot 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 -

>>Kotharia Dist Rajkot

MICR code for Bank Of Baroda Kotharia Dist Rajkot

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 Kotharia Dist Rajkot 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. 360012015 is the MICR code of BOB for Kotharia Dist Rajkot branch. MICR code for Kotharia Dist Rajkot 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 Kotharia Dist Rajkot is presented in the table alongside.

Use of Baroda Bank MICR code for Kotharia Dist Rajkot branch in kothariya

The MICR code 360012015 is used in RBI cheque clearing process to identify the branch Kotharia Dist Rajkot 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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