Bank Of Baroda Lakadia Kachchh Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Lakadia Kachchh Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dayapar Gujarat
Contact
Bank Details Bank Of Baroda Dayapar Gujarat BARB0DAYAPA
Location Lakadia, Kachchh
City Lakadia
District Kachchh
State Gujarat
Pincode 370630
Country IN
Address Dhawal complex, near new bus stand, tal – lakhpat, district – kutch, dayapar, gujarat – 370630.
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 370012517 for Dayapar Gujarat 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 370012517 of Baroda Bank, Dayapar Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Dayapar Gujarat 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 -

>>Dayapar Gujarat

MICR code for Bank Of Baroda Dayapar Gujarat

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 Dayapar Gujarat 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. 370012517 is the MICR code of BOB for Dayapar Gujarat branch. MICR code for Dayapar Gujarat 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 Dayapar Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Dayapar Gujarat branch in lakadia

The MICR code 370012517 is used in RBI cheque clearing process to identify the branch Dayapar Gujarat 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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