Bank Of Baroda Veraval Junagadh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Veraval Junagadh Gujarat

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MICR Code	362012051
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	Veraval Dist Junagadh
Contact	02876-220155
Bank Details	Bank Of Baroda Veraval Dist Junagadh BARB0VERAVA

Location	Veraval, Junagadh
City	Veraval
District	Junagadh
State	Gujarat
Pincode	362265
Country	IN
Address	Station road, dasha shrimali vanik , gnati wadi , veraval, gujarat 362265

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 362012051 for Veraval Dist Junagadh 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 362012051 of Baroda Bank, Veraval Dist Junagadh branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Veraval Dist Junagadh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of Baroda are available with micr code -

>>Anjar Branch >>Dari >>Somnath Veraval >>Veraval Dist Junagadh

MICR code for Bank Of Baroda Veraval Dist Junagadh

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 Veraval Dist Junagadh 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. 362012051 is the MICR code of BOB for Veraval Dist Junagadh branch. MICR code for Veraval Dist Junagadh 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 Veraval Dist Junagadh is presented in the table alongside.

Use of Baroda Bank MICR code for Veraval Dist Junagadh branch in veraval

The MICR code 362012051 is used in RBI cheque clearing process to identify the branch Veraval Dist Junagadh 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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