Bank Of India Ahmedabad Ahmedabad Gujarat MICR CODE

Find MICR Codes for Bank Of India Ahmedabad Ahmedabad Gujarat

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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	Shela
Contact	91-9904344453
Bank Details	Bank Of India Shela BKID0002051

Location	Ahmedabad, Ahmedabad
City	Ahmedabad
District	Ahmedabad
State	Gujarat
Pincode	380058
Country	IN
Address	Serene sparkles, opp apollo international school,opp off vip road,shela,ahmedabad 380058

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

A total of 10 branches of Bank Of India are available with micr code -

>>Chandel >>Godrej Garden City Road >>National Banking Group Central >>New Cg Road >>New Ranip >>Odhav (Sme) >>Shela >>Shilaj >>Sindhu Bhavan >>Vaishnav Devi Circle

MICR code for Bank Of India Shela

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 Shela 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 Shela branch. MICR code for Shela 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 Shela is presented in the table alongside.

Use of BOI MICR code for Shela branch in ahmedabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Shela 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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