Bank Of Baroda Vishakhapatnam Visakhapatnam Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of Baroda Vishakhapatnam Visakhapatnam Andhra Pradesh

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lawson S Bay Colony
Contact 1800223344
Bank Details Bank Of Baroda Lawson S Bay Colony BARB0LAWSON
Location Vishakhapatnam, Visakhapatnam
City Vishakhapatnam
District Visakhapatnam
State Andhra Pradesh
Pincode 530017
Country IN
Address 8 3 5 peda waltair vishakapatnam andhra pradesh 530017
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 Lawson S Bay Colony 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, Lawson S Bay Colony branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lawson S Bay Colony branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of Baroda are available with micr code -

>>Lawson S Bay Colony >>Pithapuram Colony

MICR code for Bank Of Baroda Lawson S Bay Colony

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 Lawson S Bay Colony 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 Lawson S Bay Colony branch. MICR code for Lawson S Bay Colony 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 Lawson S Bay Colony is presented in the table alongside.

Use of Baroda Bank MICR code for Lawson S Bay Colony branch in vishakhapatnam

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lawson S Bay Colony 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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