Bank Of Baroda Lakheri Bundi Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Lakheri Bundi Rajasthan

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MICR Code	323012050
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	Lakheri Dist Bundi
Contact	07438-261641
Bank Details	Bank Of Baroda Lakheri Dist Bundi BARB0LAKHER

Location	Lakheri, Bundi
City	Lakheri
District	Bundi
State	Rajasthan
Pincode	323603
Country	IN
Address	Lakheri, dist bundi rajasthan 323603

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 323012050 for Lakheri Dist Bundi 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 323012050 of Baroda Bank, Lakheri Dist Bundi branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lakheri Dist Bundi 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 -

>>Lakheri Dist Bundi

MICR code for Bank Of Baroda Lakheri Dist Bundi

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 Lakheri Dist Bundi 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. 323012050 is the MICR code of BOB for Lakheri Dist Bundi branch. MICR code for Lakheri Dist Bundi 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 Lakheri Dist Bundi is presented in the table alongside.

Use of Baroda Bank MICR code for Lakheri Dist Bundi branch in lakheri

The MICR code 323012050 is used in RBI cheque clearing process to identify the branch Lakheri Dist Bundi 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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