Bank Of India Kheda Gujarat Kheda Gujarat Gujarat MICR CODE

Find MICR Codes for Bank Of India Kheda Gujarat Kheda Gujarat Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thasra
Contact 2699-2699222028
Bank Details Bank Of India Thasra BKID0002064
Location Kheda Gujarat, Kheda Gujarat
City Kheda Gujarat
District Kheda Gujarat
State Gujarat
Pincode 388250
Country IN
Address Laxmi printing press behind sbi thasradist kheda gujarat pin 388250
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 Thasra 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, Thasra branch makes the system almost error free and faster. Use of BOI MICR codes for Thasra 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 -

>>Thasra

MICR code for Bank Of India Thasra

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

Use of BOI MICR code for Thasra branch in kheda gujarat

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