Bank Of Baroda Palej Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Palej Bharuch Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Palej Dist Bharuch
Contact 02642-277033
Bank Details Bank Of Baroda Palej Dist Bharuch BARB0PALEJX
Location Palej, Bharuch
City Palej
District Bharuch
State Gujarat
Pincode 392220
Country IN
Address Dhanjisha jin, palej,pin:392220
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 392012506 for Palej Dist Bharuch 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 392012506 of Baroda Bank, Palej Dist Bharuch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Palej Dist Bharuch 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 -

>>Palej Dist Bharuch >>Pariej Gj

MICR code for Bank Of Baroda Palej Dist Bharuch

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 Palej Dist Bharuch 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. 392012506 is the MICR code of BOB for Palej Dist Bharuch branch. MICR code for Palej Dist Bharuch 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 Palej Dist Bharuch is presented in the table alongside.

Use of Baroda Bank MICR code for Palej Dist Bharuch branch in palej

The MICR code 392012506 is used in RBI cheque clearing process to identify the branch Palej Dist Bharuch 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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