| MICR CODE | 402012507 |
|---|---|
| Bank | Bank Of Baroda |
| Branch | Lohare |
| IFSC Code | IFSC Code Bank Of Baroda |
| Address | 432 P O Lohare Poladpur Raigad Maharashtra 402303 |
| City | Poladpur |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).