Bank Of Baroda Baroda Baroda Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Baroda Baroda Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sayajipura
Contact
Bank Details Bank Of Baroda Sayajipura BARB0VJSAYA
Location Baroda, Baroda
City Baroda
District Baroda
State Gujarat
Pincode 390022
Country IN
Address Amit complex vip road baroda vadodara gujarat 390022
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 Sayajipura 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, Sayajipura branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sayajipura branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Bank Of Baroda are available with micr code -

>>Ajwa Road >>Alkapuri >>Alkapuri >>Head Office Baroda >>Makarpura >>Mangal Bazar >>R V Dsai Road >>Raopura >>Raopura Road >>Sayajiganj >>Sayajipura >>Vip Road >>Waghodia

MICR code for Bank Of Baroda Sayajipura

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

Use of Baroda Bank MICR code for Sayajipura branch in baroda

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