Bank Of Baroda Zadeshwar Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Zadeshwar Bharuch Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Shreedhar Society Gujarat
Contact 02642-249611
Bank Details Bank Of Baroda Shreedhar Society Gujarat BARB0SHREED
Location Zadeshwar, Bharuch
City Zadeshwar
District Bharuch
State Gujarat
Pincode 392001
Country IN
Address Shreedhar society,opp. Madhuram party,plot near zadesh chodki,bharuch,gujarat – 392001.
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 Shreedhar Society 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 0 of Baroda Bank, Shreedhar Society Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Shreedhar Society Gujarat 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 -

>>Shreedhar Society Gujarat >>Zadeshwar Br. Dist. Bharuch Gujarat

MICR code for Bank Of Baroda Shreedhar Society 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 Shreedhar Society 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. 0 is the MICR code of BOB for Shreedhar Society Gujarat branch. MICR code for Shreedhar Society 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 Shreedhar Society Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Shreedhar Society Gujarat branch in zadeshwar

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