Bank Of India Banas Kantha Banas Kantha Gujarat MICR CODE

Find MICR Codes for Bank Of India Banas Kantha Banas Kantha Gujarat

Bank	↻ Reload
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	Vadgam
Contact	2739-2739261515
Bank Details	Bank Of India Vadgam BKID0002303

Location	Banas Kantha, Banas Kantha
City	Banas Kantha
District	Banas Kantha
State	Gujarat
Pincode	385410
Country	IN
Address	Nr bus stand ta vadgamdist banaskantha gujarat pin 385 410

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 Vadgam 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, Vadgam branch makes the system almost error free and faster. Use of BOI MICR codes for Vadgam 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 -

>>Vadgam

MICR code for Bank Of India Vadgam

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

Use of BOI MICR code for Vadgam branch in banas kantha

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

Copied!