Bank Of Baroda Rankuva Navsari Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Rankuva Navsari Gujarat

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rankuva Dist. Navsari
Contact 02634/247223
Bank Details Bank Of Baroda Rankuva Dist. Navsari BARB0RANKUV
Location Rankuva, Navsari
City Rankuva
District Navsari
State Gujarat
Pincode 396561
Country IN
Address Near gujarati school, tal.-chikhli, dist.-navsari-396561
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 396012529 for Rankuva 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 396012529 of Baroda Bank, Rankuva Dist. Navsari branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Rankuva 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 -

>>Rankuva Dist. Navsari

MICR code for Bank Of Baroda Rankuva 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 Rankuva 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. 396012529 is the MICR code of BOB for Rankuva Dist. Navsari branch. MICR code for Rankuva 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 Rankuva Dist. Navsari is presented in the table alongside.

Use of Baroda Bank MICR code for Rankuva Dist. Navsari branch in rankuva

The MICR code 396012529 is used in RBI cheque clearing process to identify the branch Rankuva 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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