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 Panetha Dist. Bharuch 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. 393012509 is the MICR code of BOB for Panetha Dist. Bharuch Gujarat branch. MICR code for Panetha Dist. Bharuch 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 Panetha Dist. Bharuch Gujarat is presented in the table alongside.
The MICR code 393012509 is used in RBI cheque clearing process to identify the branch Panetha Dist. Bharuch 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.