Bank Of Baroda Shahpur Junagadh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Shahpur Junagadh Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shapur Dist. Junagadh Gujarat
Contact 02872 - 257443
Bank Details Bank Of Baroda Shapur Dist. Junagadh Gujarat BARB0SHAPUR
Location Shahpur, Junagadh
City Shahpur
District Junagadh
State Gujarat
Pincode 362205
Country IN
Address At & po shapur, dist. Junagadh, gujarat - 362 205.
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 362012506 for Shapur Dist. Junagadh 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 362012506 of Baroda Bank, Shapur Dist. Junagadh Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shapur Dist. Junagadh 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 -

>>Shapur Dist. Junagadh Gujarat

MICR code for Bank Of Baroda Shapur Dist. Junagadh 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 Shapur Dist. Junagadh 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. 362012506 is the MICR code of BOB for Shapur Dist. Junagadh Gujarat branch. MICR code for Shapur Dist. Junagadh 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 Shapur Dist. Junagadh Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Shapur Dist. Junagadh Gujarat branch in shahpur

The MICR code 362012506 is used in RBI cheque clearing process to identify the branch Shapur Dist. Junagadh 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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