Bank Of Baroda Bharuch Anklesvar Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Bharuch Anklesvar Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sme Branch Ankleshwar
Contact 22-1800223344
Bank Details Bank Of Baroda Sme Branch Ankleshwar BARB0SMEANK
Location Bharuch, Anklesvar
City Bharuch
District Anklesvar
State Gujarat
Pincode 393002
Country IN
Address Bank of baroda industrial estate ankleshwar branch plot no 67 gidc estate near sa motors ankleshwar district bharuch gujarat 393002
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 0 for Sme Branch Ankleshwar 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 0 of Baroda Bank, Sme Branch Ankleshwar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Sme Branch Ankleshwar 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 -

>>Sme Branch Ankleshwar

MICR code for Bank Of Baroda Sme Branch Ankleshwar

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 Sme Branch Ankleshwar 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. 0 is the MICR code of BOB for Sme Branch Ankleshwar branch. MICR code for Sme Branch Ankleshwar 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 Sme Branch Ankleshwar is presented in the table alongside.

Use of Baroda Bank MICR code for Sme Branch Ankleshwar branch in bharuch

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sme Branch Ankleshwar 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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