Bank Of Baroda Modaj Kheda Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Modaj Kheda Gujarat

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MICR Code	387012511
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	Modaj Gujarat
Contact	02694-271827
Bank Details	Bank Of Baroda Modaj Gujarat BARB0MODAJX

Location	Modaj, Kheda
City	Modaj
District	Kheda
State	Gujarat
Pincode	387130
Country	IN
Address	Modaj, tal mehamadabad, dist.kheda, gujarat - 387 130.

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 387012511 for Modaj 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 387012511 of Baroda Bank, Modaj Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Modaj 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 -

>>Modaj Gujarat

MICR code for Bank Of Baroda Modaj 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 Modaj 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. 387012511 is the MICR code of BOB for Modaj Gujarat branch. MICR code for Modaj 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 Modaj Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Modaj Gujarat branch in modaj

The MICR code 387012511 is used in RBI cheque clearing process to identify the branch Modaj 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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