Bank Of Baroda Lunawada Panch Mahals Gujarat MICR CODE

Find MICR Codes for Bank Of Baroda Lunawada Panch Mahals Gujarat

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MICR Code	389012061
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	Lunawada Dist. Panchmahal
Contact	02674-250086
Bank Details	Bank Of Baroda Lunawada Dist. Panchmahal BARB0LUNAWA

Location	Lunawada, Panch Mahals
City	Lunawada
District	Panch Mahals
State	Gujarat
Pincode	389230
Country	IN
Address	Behind s.t.stand lunawada,panchmahal -389230

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 389012061 for Lunawada Dist. Panchmahal 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 389012061 of Baroda Bank, Lunawada Dist. Panchmahal branch makes the system almost error free and faster. Use of Baroda Bank MICR codes for Lunawada Dist. Panchmahal 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 -

>>Dhesiya >>Lunawada Dist. Panchmahal

MICR code for Bank Of Baroda Lunawada Dist. Panchmahal

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 Lunawada Dist. Panchmahal 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. 389012061 is the MICR code of BOB for Lunawada Dist. Panchmahal branch. MICR code for Lunawada Dist. Panchmahal 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 Lunawada Dist. Panchmahal is presented in the table alongside.

Use of Baroda Bank MICR code for Lunawada Dist. Panchmahal branch in lunawada

The MICR code 389012061 is used in RBI cheque clearing process to identify the branch Lunawada Dist. Panchmahal 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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