Bank Of India Ahmedabad Ahmadabad Gujarat MICR CODE

Find MICR Codes for Bank Of India Ahmedabad Ahmadabad Gujarat

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vastral
Contact
Bank Details Bank Of India Vastral BKID0002059
Location Ahmedabad, Ahmadabad
City Ahmedabad
District Ahmadabad
State Gujarat
Pincode 382418
Country IN
Address Shop no 9 to 14 ground floor, siddhi vinayak complex vastral main road ahmedabad pin 382418
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 380013076 for Vastral 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 380013076 of BOI, Vastral branch makes the system almost error free and faster. Use of BOI MICR codes for Vastral branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Vastral

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 Vastral 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. 380013076 is the MICR code of Bank Of India for Vastral branch. MICR code for Vastral 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 Vastral is presented in the table alongside.

Use of BOI MICR code for Vastral branch in ahmedabad

The MICR code 380013076 is used in RBI cheque clearing process to identify the branch Vastral 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!