Bank Of Baroda Godhra Panch Mahals Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Godhra Panch Mahals Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Padiyar
Contact
Bank Details Bank Of Baroda Padiyar BARB0PADIYA
Location Godhra, Panch Mahals
City Godhra
District Panch Mahals
State Gujarat
Pincode 388713
Country IN
Address Main bazar at po padiyar ta godhra dist panchmahal gujarat 388713
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 0 for Padiyar 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 0 of Baroda Bank, Padiyar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Padiyar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Padiyar

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 Padiyar 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. 0 is the MICR code of BOB for Padiyar branch. MICR code for Padiyar 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 Padiyar is presented in the table alongside.

Use of Baroda Bank MICR code for Padiyar branch in godhra

The MICR code 0 is used in RBI cheque clearing process to identify the branch Padiyar 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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