MICR Code Bank
Find MICR code for Bank Of Baroda Lbs Road Mulund branches in India for NEFT and RTGS transfer

Bank Of Baroda Lbs Road Mulund MICR CODE

Find MICR Codes for Bank Of Baroda Lbs Road Mulund

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  1. Bank Of Baroda »
  2. Maharashtra »
  3. greater bombay »
  4. mumbai »
  5. lbs road mulund (west)

Find MICR Codes for Bank Of Baroda Lbs Road Mulund

MICR Code: 400012178
Bank: Bank Of Baroda
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Lbs Road Mulund (West)
Contact: 022-25645557
Bank Details: Bank Of Baroda Lbs Road Mulund (West) BARB0MULWES
Location: Mumbai, Greater Bombay
City: Mumbai
District: Greater Bombay
State: Maharashtra
Pincode: 400080
Country: IN
Address: 554 d lbs road,friends school building,mulund west,mumbai,maharashtra – 400 080

How does MICR code for lbs road mulund 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 of Baroda Bank, lbs road mulund branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for lbs road mulund branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of Baroda lbs road mulund

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 lbs road mulund 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. is the MICR code of BOB for lbs road mulund branch. MICR code for lbs road mulund 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 lbs road mulund is presented in the table alongside.

Use of Baroda Bank MICR code for lbs road mulund branch in mumbai

The MICR code is used in RBI cheque clearing process to identify the branch lbs road mulund 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.