Bank Of Baroda Lakshmipuram Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Lakshmipuram Krishna Andhra Pradesh

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MICR Code	-NA-
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	Lakshmipuram Guntur Ap
Contact	9440441884
Bank Details	Bank Of Baroda Lakshmipuram Guntur Ap BARB0LAKSHM

Location	Lakshmipuram, Krishna
City	Lakshmipuram
District	Krishna
State	Andhra Pradesh
Pincode	522077
Country	IN
Address	Hemlatanilaya 5 876,2nd lane lakshmipuram,guntur, ap-522077

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 0 for Lakshmipuram Guntur Ap 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 0 of Baroda Bank, Lakshmipuram Guntur Ap branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lakshmipuram Guntur Ap 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 -

>>Lakshmipuram Guntur Ap

MICR code for Bank Of Baroda Lakshmipuram Guntur Ap

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 Lakshmipuram Guntur Ap 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. 0 is the MICR code of BOB for Lakshmipuram Guntur Ap branch. MICR code for Lakshmipuram Guntur Ap 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 Lakshmipuram Guntur Ap is presented in the table alongside.

Use of Baroda Bank MICR code for Lakshmipuram Guntur Ap branch in lakshmipuram

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lakshmipuram Guntur Ap 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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