Bank Of Baroda Daman Daman Daman And Diu MICR CODE

Find MICR Codes for Bank Of Baroda Daman Daman Daman And Diu

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MICR Code	396012131
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	Ssi Daman Branch
Contact	0260-2243447
Bank Details	Bank Of Baroda Ssi Daman Branch BARB0SSIDAM

Location	Daman, Daman
City	Daman
District	Daman
State	Daman And Diu
Pincode	396210
Country	IN
Address	Ssi daman branch,maharani udyog, ist floor, somnath road, dabhel,daman,396210

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 396012131 for Ssi Daman Branch 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 396012131 of Baroda Bank, Ssi Daman Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Ssi Daman Branch branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of Baroda are available with micr code -

>>Bhimpore >>Daman >>Daman >>Moti Daman Daman And Diu >>Ssi Daman Branch

MICR code for Bank Of Baroda Ssi Daman Branch

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 Ssi Daman Branch 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. 396012131 is the MICR code of BOB for Ssi Daman Branch branch. MICR code for Ssi Daman Branch 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 Ssi Daman Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Ssi Daman Branch branch in daman

The MICR code 396012131 is used in RBI cheque clearing process to identify the branch Ssi Daman Branch 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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