Bank Of Baroda Amreli Amreli Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Amreli Amreli Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Savarkundla
Contact
Bank Details Bank Of Baroda Savarkundla BARB0DBSAVA
Location Amreli, Amreli
City Amreli
District Amreli
State Gujarat
Pincode 364515
Country IN
Address Main bazarsavarkundla savarkundla amreli gujarat 364515
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 Savarkundla 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, Savarkundla branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Savarkundla branch, makes the characters readable even if there are other marks and stamps on it.

A total of 25 branches of Bank Of Baroda are available with micr code -

>>Amreli >>Amreli >>Amreli Gujarat >>Anieda >>Babra >>Bagasara >>Chalala >>Chavand >>Damnagar >>Dhari >>Gopalgram >>Jira >>Jira Savarkundla >>Kotdapitha >>Mota Ankadia >>Mota Samadhiyala >>Nesdi >>Rajula >>Sarambhada >>Sarasiya >>Savarkundla >>Tori >>Vanda >>Vankia >>Vijapadi

MICR code for Bank Of Baroda Savarkundla

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 Savarkundla 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 Savarkundla branch. MICR code for Savarkundla 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 Savarkundla is presented in the table alongside.

Use of Baroda Bank MICR code for Savarkundla branch in amreli

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