Bank Of Baroda Piplav Anand Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Piplav Anand Gujarat

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MICR Code	388012503
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	Piplav Dist Anand
Contact	02697-235770
Bank Details	Bank Of Baroda Piplav Dist Anand BARB0PIPLAV

Location	Piplav, Anand
City	Piplav
District	Anand
State	Gujarat
Pincode	388460
Country	IN
Address	Piplav.tal.sojitra dist anand 388460

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 388012503 for Piplav Dist Anand 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 388012503 of Baroda Bank, Piplav Dist Anand branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Piplav Dist Anand 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 -

>>Piplav Dist Anand

MICR code for Bank Of Baroda Piplav Dist Anand

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 Piplav Dist Anand 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. 388012503 is the MICR code of BOB for Piplav Dist Anand branch. MICR code for Piplav Dist Anand 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 Piplav Dist Anand is presented in the table alongside.

Use of Baroda Bank MICR code for Piplav Dist Anand branch in piplav

The MICR code 388012503 is used in RBI cheque clearing process to identify the branch Piplav Dist Anand 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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