Bank Of Baroda Rajkot Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Rajkot Rajkot Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rajkot Main Branch
Contact 0281-2227816
Bank Details Bank Of Baroda Rajkot Main Branch BARB0RAJKOT
Location Rajkot, Rajkot
City Rajkot
District Rajkot
State Gujarat
Pincode 360001
Country IN
Address Rajkot main branch,m.g. Road,near gpo, bob bldg.,rajkot,360001
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 360012002 for Rajkot Main Branch 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 360012002 of Baroda Bank, Rajkot Main Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rajkot Main Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Rajkot Main Branch

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 Rajkot Main Branch 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. 360012002 is the MICR code of BOB for Rajkot Main Branch branch. MICR code for Rajkot Main Branch 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 Rajkot Main Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Rajkot Main Branch branch in rajkot

The MICR code 360012002 is used in RBI cheque clearing process to identify the branch Rajkot Main Branch 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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