Bank Of India Abloli Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Bank Of India Abloli Ratnagiri Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Abloli
Contact
Bank Details Bank Of India Abloli BKID0001438
Location Abloli, Ratnagiri
City Abloli
District Ratnagiri
State Maharashtra
Pincode 415726
Country IN
Address Survey no.1502, anandi sadan, at post abloli, tal guhagar, dist-ratnagiri, pin-415726
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Abloli
Contact 2359-2359245045
Bank Details Bank Of India Abloli BKID0VG3013
Location Abloli, Ratnagiri
City Abloli
District Ratnagiri
State Maharashtra
Pincode 415703
Country IN
Address A p.abloli, tal guhaghar, dist ratnagiri,pin 415703
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.

Search Bank Of India MICR Codes in ratnagiri

You can search through MICR Codes of Maharashtra branches in abloli of District ratnagiri in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Bank Of India are available with micr code -

>>Abloli >>Abloli

How to find MICR codes for Bank Of India in abloli?

Bank Of India abloli MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for abloli, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India abloli branches.

BOI MICR code in abloli

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for abloli branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in abloli, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for abloli branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India abloli branch, sprinted 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. Thus MICR code for BOI abloli branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for abloli branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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