Bank Of Baroda Anand Anand Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Anand Anand Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Townhall Anand Gujarat
Contact 02692-245446
Bank Details Bank Of Baroda Townhall Anand Gujarat BARB0VNROAD
Location Anand, Anand
City Anand
District Anand
State Gujarat
Pincode 388001
Country IN
Address Townhall, near townhall, vidyanagar road, anand, gujarat – 388 001
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 388012007 for Townhall Anand 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 388012007 of Baroda Bank, Townhall Anand Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Townhall Anand Gujarat branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Townhall Anand 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 Townhall Anand 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. 388012007 is the MICR code of BOB for Townhall Anand Gujarat branch. MICR code for Townhall Anand 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 Townhall Anand Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Townhall Anand Gujarat branch in anand

The MICR code 388012007 is used in RBI cheque clearing process to identify the branch Townhall Anand 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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