Bank Of Baroda Lakhtar Surendranagar Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Lakhtar Surendranagar Gujarat

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MICR Code	382012517
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	Lakhtar Gujarat
Contact	1800223344
Bank Details	Bank Of Baroda Lakhtar Gujarat BARB0LAKHTA

Location	Lakhtar, Surendranagar
City	Lakhtar
District	Surendranagar
State	Gujarat
Pincode	423401
Country	IN
Address	Ganga darwaja road, yeola, nashik, nashik, maharastra 423401. Sahajanand complex, first floor, shiyani darwaja chowk, lakhtar, dist : surendranagar, lakhtar, gujarat 382775.

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 382012517 for Lakhtar 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 382012517 of Baroda Bank, Lakhtar Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lakhtar 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 -

>>Lakhtar Gujarat

MICR code for Bank Of Baroda Lakhtar 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 Lakhtar 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. 382012517 is the MICR code of BOB for Lakhtar Gujarat branch. MICR code for Lakhtar 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 Lakhtar Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Lakhtar Gujarat branch in lakhtar

The MICR code 382012517 is used in RBI cheque clearing process to identify the branch Lakhtar 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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