Bank Of Baroda Savarkundla Amreli Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Savarkundla Amreli Gujarat

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MICR Code	364012081
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	Savarkundla Dist Amreli
Contact	02845-242730
Bank Details	Bank Of Baroda Savarkundla Dist Amreli BARB0SAVARK

Location	Savarkundla, Amreli
City	Savarkundla
District	Amreli
State	Gujarat
Pincode	364515
Country	IN
Address	Main road via-supedi tal.jamkandora, savarkundla gujarat 364 515

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 364012081 for Savarkundla Dist Amreli 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 364012081 of Baroda Bank, Savarkundla Dist Amreli branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Savarkundla Dist Amreli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Badhada Br. Dist. Amreli Gujarat >>Savarkundla Dist Amreli

MICR code for Bank Of Baroda Savarkundla Dist Amreli

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 Dist Amreli 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. 364012081 is the MICR code of BOB for Savarkundla Dist Amreli branch. MICR code for Savarkundla Dist Amreli 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 Dist Amreli is presented in the table alongside.

Use of Baroda Bank MICR code for Savarkundla Dist Amreli branch in savarkundla

The MICR code 364012081 is used in RBI cheque clearing process to identify the branch Savarkundla Dist Amreli 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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