Bank Of Baroda Ratnal Kutch Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Ratnal Kutch Gujarat

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MICR Code	370012507
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	Ratnal Dist.Kutch Gujarat
Contact	02836 - 276246
Bank Details	Bank Of Baroda Ratnal Dist.Kutch Gujarat BARB0RATNAL

Location	Ratnal, Kutch
City	Ratnal
District	Kutch
State	Gujarat
Pincode	370105
Country	IN
Address	Ratnal - kutch, tal. Anjar, gujarat - 370 105.

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 370012507 for Ratnal Dist.Kutch Gujarat 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 370012507 of Baroda Bank, Ratnal Dist.Kutch Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ratnal Dist.Kutch Gujarat 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 -

>>Ratnal Dist.Kutch Gujarat

MICR code for Bank Of Baroda Ratnal Dist.Kutch Gujarat

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 Ratnal Dist.Kutch 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. 370012507 is the MICR code of BOB for Ratnal Dist.Kutch Gujarat branch. MICR code for Ratnal Dist.Kutch 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 Ratnal Dist.Kutch Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Ratnal Dist.Kutch Gujarat branch in ratnal

The MICR code 370012507 is used in RBI cheque clearing process to identify the branch Ratnal Dist.Kutch 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.

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