Bank Of Baroda Vanthali Junagadh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Vanthali Junagadh Gujarat

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MICR Code	362012515
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	Koyli Junagadh Guj
Contact	1800223344
Bank Details	Bank Of Baroda Koyli Junagadh Guj BARB0KOYLIX

Location	Vanthali, Junagadh
City	Vanthali
District	Junagadh
State	Gujarat
Pincode	362205
Country	IN
Address	Vill koyli,taluka vanthali,dist junagadh,gujarat – 362205.

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 362012515 for Koyli Junagadh Guj 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 362012515 of Baroda Bank, Koyli Junagadh Guj branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Koyli Junagadh Guj 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 -

>>Koyli Junagadh Guj >>Vanthali

MICR code for Bank Of Baroda Koyli Junagadh Guj

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 Koyli Junagadh Guj 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. 362012515 is the MICR code of BOB for Koyli Junagadh Guj branch. MICR code for Koyli Junagadh Guj 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 Koyli Junagadh Guj is presented in the table alongside.

Use of Baroda Bank MICR code for Koyli Junagadh Guj branch in vanthali

The MICR code 362012515 is used in RBI cheque clearing process to identify the branch Koyli Junagadh Guj 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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