Bank Of Baroda Himatnagar Sabar Kantha Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Himatnagar Sabar Kantha Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Savagadh
Contact 1800223344
Bank Details Bank Of Baroda Savagadh BARB0SAVAGA
Location Himatnagar, Sabar Kantha
City Himatnagar
District Sabar Kantha
State Gujarat
Pincode 383001
Country IN
Address Bank of baroda,1st floor,jade crown,rto to mehtapura road,panpur patiya,savagadh,ta himatnagar,dist sabarkantha,gujarat - 383001
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 0 for Savagadh 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 0 of Baroda Bank, Savagadh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Savagadh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Himatnagar Branch >>Himmatnagar >>Mehtapura Gujarat >>Motipura Br. Himatnagar Gujarat >>Savagadh

MICR code for Bank Of Baroda Savagadh

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 Savagadh 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. 0 is the MICR code of BOB for Savagadh branch. MICR code for Savagadh 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 Savagadh is presented in the table alongside.

Use of Baroda Bank MICR code for Savagadh branch in himatnagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Savagadh 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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