Bank Of India Bhose Solapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Bhose Solapur Maharashtra

Bank
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhose
Contact	02188-242530
Bank Details	Bank Of India Bhose BKID0000736

Location	Bhose, Solapur
City	Bhose
District	Solapur
State	Maharashtra
Pincode	413322
Country	IN
Address	At/po. Bhose, tal.mangalwedha - 413322

MICR Code	413874513
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhose
Contact	2186-243249
Bank Details	Bank Of India Bhose BKID0VG2005

Location	Bhose, Solapur
City	Bhose
District	Solapur
State	Maharashtra
Pincode	413222
Country	IN
Address	Vidharbh konkan gramin bank bhose k branch at & po bhose tal pandharpur dist solapur solapur413222 india,solapur

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 Bhose 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 BOI, Bhose branch makes the system almost error free and faster. Use of BOI MICR codes for Bhose branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Bhose >>Bhose

MICR code for Bank Of India Bhose

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Bhose 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 Bank Of India for Bhose branch. MICR code for Bhose 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 BOI Bhose is presented in the table alongside.

Use of BOI MICR code for Bhose branch in bhose

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bhose and BOI 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 Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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