Bank Of Baroda Matwad Navsari Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Matwad Navsari Gujarat

Bank
State
District
City
Branch
Address

MICR Code	396012527
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	Matwad Dist Navsari
Contact	02637-223222
Bank Details	Bank Of Baroda Matwad Dist Navsari BARB0MATWAD

Location	Matwad, Navsari
City	Matwad
District	Navsari
State	Gujarat
Pincode	396439
Country	IN
Address	Nr. Shahid smarak, library bldg., matwad, tal.jalalpore, navsari 396 439

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 396012527 for Matwad Dist Navsari 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 396012527 of Baroda Bank, Matwad Dist Navsari branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Matwad Dist Navsari 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 -

>>Matwad Dist Navsari

MICR code for Bank Of Baroda Matwad Dist Navsari

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 Matwad Dist Navsari 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. 396012527 is the MICR code of BOB for Matwad Dist Navsari branch. MICR code for Matwad Dist Navsari 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 Matwad Dist Navsari is presented in the table alongside.

Use of Baroda Bank MICR code for Matwad Dist Navsari branch in matwad

The MICR code 396012527 is used in RBI cheque clearing process to identify the branch Matwad Dist Navsari 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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