Bank Of Baroda Vadodara Vadodara Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Vadodara Vadodara Gujarat

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sayajiganj Branch
Contact 0265-2362536
Bank Details Bank Of Baroda Sayajiganj Branch BARB0SAYAJI
Location Vadodara, Vadodara
City Vadodara
District Vadodara
State Gujarat
Pincode 390005
Country IN
Address Sayajiganj branch,yash kamal bldg. Lokmanya tilak rd. Sayajiganj baroda,baroda,390005
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 390012018 for Sayajiganj Branch 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 390012018 of Baroda Bank, Sayajiganj Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sayajiganj Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Sayajiganj Branch

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 Sayajiganj Branch 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. 390012018 is the MICR code of BOB for Sayajiganj Branch branch. MICR code for Sayajiganj Branch 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 Sayajiganj Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Sayajiganj Branch branch in vadodara

The MICR code 390012018 is used in RBI cheque clearing process to identify the branch Sayajiganj Branch 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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