Bank Of Baroda Luharia Banswara Rajasthan MICR CODE

Find MICR Codes for Bank Of Baroda Luharia Banswara Rajasthan

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MICR Code
Bank Bank Of Baroda
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Luharia Br. Dist. Banswara Rajasthan
Contact 02963-276890
Bank Details Bank Of Baroda Luharia Br. Dist. Banswara Rajasthan BARB0LUHARI
Location Luharia, Banswara
City Luharia
District Banswara
State Rajasthan
Pincode 327605
Country IN
Address Luhariya, dist. Banswara, rajasthan - 327 605.
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 327012532 for Luharia Br. Dist. Banswara Rajasthan 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 327012532 of Baroda Bank, Luharia Br. Dist. Banswara Rajasthan branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Luharia Br. Dist. Banswara Rajasthan 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 -

>>Luharia Br. Dist. Banswara Rajasthan

MICR code for Bank Of Baroda Luharia Br. Dist. Banswara Rajasthan

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 Luharia Br. Dist. Banswara Rajasthan 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. 327012532 is the MICR code of BOB for Luharia Br. Dist. Banswara Rajasthan branch. MICR code for Luharia Br. Dist. Banswara Rajasthan 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 Luharia Br. Dist. Banswara Rajasthan is presented in the table alongside.

Use of Baroda Bank MICR code for Luharia Br. Dist. Banswara Rajasthan branch in luharia

The MICR code 327012532 is used in RBI cheque clearing process to identify the branch Luharia Br. Dist. Banswara Rajasthan 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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