Bank Of Baroda Vasavad Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Vasavad Rajkot Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vasavad Gujarat
Contact 02825 274436,9879077547
Bank Details Bank Of Baroda Vasavad Gujarat BARB0VASAVA
Location Vasavad, Rajkot
City Vasavad
District Rajkot
State Gujarat
Pincode 364490
Country IN
Address Azad chowk,vasavad tal-gondal. Rajkot gujarat 364490
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 364012508 for Vasavad 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 364012508 of Baroda Bank, Vasavad Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Vasavad 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 -

>>Vasavad Gujarat

MICR code for Bank Of Baroda Vasavad 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 Vasavad 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. 364012508 is the MICR code of BOB for Vasavad Gujarat branch. MICR code for Vasavad 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 Vasavad Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Vasavad Gujarat branch in vasavad

The MICR code 364012508 is used in RBI cheque clearing process to identify the branch Vasavad 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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