Bank Of Baroda Navsari Navsari Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Navsari Navsari Gujarat

MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lunsikui Branch
Contact 02637-258827,235427
Bank Details Bank Of Baroda Lunsikui Branch BARB0LUNSIK
Location Navsari, Navsari
City Navsari
District Navsari
State Gujarat
Pincode 396445
Country IN
Address Lunsikui branch,hari vallabh terrace, lunsikui branch, navsari,navsari,396445
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 396012067 for Lunsikui 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 396012067 of Baroda Bank, Lunsikui Branch branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lunsikui Branch branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda Lunsikui 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 Lunsikui 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. 396012067 is the MICR code of BOB for Lunsikui Branch branch. MICR code for Lunsikui 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 Lunsikui Branch is presented in the table alongside.

Use of Baroda Bank MICR code for Lunsikui Branch branch in navsari

The MICR code 396012067 is used in RBI cheque clearing process to identify the branch Lunsikui 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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