Bank Of Baroda Lath Rajkot Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Lath Rajkot Gujarat

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lath Br. Dist. Rajkot Gujarat
Contact 02826-286329
Bank Details Bank Of Baroda Lath Br. Dist. Rajkot Gujarat BARB0LATHXX
Location Lath, Rajkot
City Lath
District Rajkot
State Gujarat
Pincode 360490
Country IN
Address Lath, tal. Upleta, dist. Rajkot, gujarat - 360 490.
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 360012509 for Lath Br. Dist. Rajkot 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 360012509 of Baroda Bank, Lath Br. Dist. Rajkot Gujarat branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lath Br. Dist. Rajkot 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 -

>>Lath Br. Dist. Rajkot Gujarat

MICR code for Bank Of Baroda Lath Br. Dist. Rajkot 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 Lath Br. Dist. Rajkot 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. 360012509 is the MICR code of BOB for Lath Br. Dist. Rajkot Gujarat branch. MICR code for Lath Br. Dist. Rajkot 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 Lath Br. Dist. Rajkot Gujarat is presented in the table alongside.

Use of Baroda Bank MICR code for Lath Br. Dist. Rajkot Gujarat branch in lath

The MICR code 360012509 is used in RBI cheque clearing process to identify the branch Lath Br. Dist. Rajkot 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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