Bank Of Baroda Daman Daman Daman And Diu MICR CODE

Find MICR Codes for Bank Of Baroda Daman Daman Daman And Diu

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MICR Code	396012132
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	Moti Daman Daman And Diu
Contact	0260-2230011
Bank Details	Bank Of Baroda Moti Daman Daman And Diu BARB0MOTIDA

Location	Daman, Daman
City	Daman
District	Daman
State	Daman And Diu
Pincode	180114
Country	IN
Address	Ground floor, 7/348 & 34, pts 180114,opp hathi bag main road, moti damandaman & diu 396220

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 396012132 for Moti Daman Daman And Diu 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 396012132 of Baroda Bank, Moti Daman Daman And Diu branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Moti Daman Daman And Diu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Bhimpore >>Daman >>Daman >>Moti Daman Daman And Diu >>Ssi Daman Branch

MICR code for Bank Of Baroda Moti Daman Daman And Diu

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 Moti Daman Daman And Diu 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. 396012132 is the MICR code of BOB for Moti Daman Daman And Diu branch. MICR code for Moti Daman Daman And Diu 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 Moti Daman Daman And Diu is presented in the table alongside.

Use of Baroda Bank MICR code for Moti Daman Daman And Diu branch in daman

The MICR code 396012132 is used in RBI cheque clearing process to identify the branch Moti Daman Daman And Diu 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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