Bank Of Baroda Lakhisarai Lakhisarai Bihar MICR CODE

Find MICR Codes for Bank Of Baroda Lakhisarai Lakhisarai Bihar

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lakhisarai Bihar
Contact 06346-233370
Bank Details Bank Of Baroda Lakhisarai Bihar BARB0LAKHIS
Location Lakhisarai, Lakhisarai
City Lakhisarai
District Lakhisarai
State Bihar
Pincode 811311
Country IN
Address Main rd. Naya bazar, lakhisarai, bihar - 811311
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 811012102 for Lakhisarai Bihar 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 811012102 of Baroda Bank, Lakhisarai Bihar branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lakhisarai Bihar 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 -

>>Lakhisarai Bihar

MICR code for Bank Of Baroda Lakhisarai Bihar

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 Lakhisarai Bihar 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. 811012102 is the MICR code of BOB for Lakhisarai Bihar branch. MICR code for Lakhisarai Bihar 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 Lakhisarai Bihar is presented in the table alongside.

Use of Baroda Bank MICR code for Lakhisarai Bihar branch in lakhisarai

The MICR code 811012102 is used in RBI cheque clearing process to identify the branch Lakhisarai Bihar 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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