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Bank Of India Daman Daman Daman And Diu MICR CODE

Find MICR Codes for Bank Of India Daman Daman Daman And Diu

Bank
State
District
City
Branch
Address

MICR Code	396013131
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	Daman(Ut)
Contact	+91 97142 24677
Bank Details	Bank Of India Daman(Ut) BKID0002912

Location	Daman, Daman
City	Daman
District	Daman
State	Daman And Diu
Pincode	396210
Country	IN
Address	Bank of india ,daman branch, "star complex", survey no. 748/1, dabhel, nani daman,vapi-daman road, daman-396210 (union territory)

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 396013131 for Daman(Ut) 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 396013131 of BOI, Daman(Ut) branch makes the system almost error free and faster. Use of BOI MICR codes for Daman(Ut) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Daman(Ut)

MICR code for Bank Of India Daman(Ut)

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 Daman(Ut) 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. 396013131 is the MICR code of Bank Of India for Daman(Ut) branch. MICR code for Daman(Ut) 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 Daman(Ut) is presented in the table alongside.

Use of BOI MICR code for Daman(Ut) branch in daman

The MICR code 396013131 is used in RBI cheque clearing process to identify the branch Daman(Ut) 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.