Bank Of India Nadiad Kheda Gujarat MICR CODE

Find MICR Codes for Bank Of India Nadiad Kheda Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amo Nadiad
Contact 91
Bank Details Bank Of India Amo Nadiad BKID000A323
Location Nadiad, Kheda
City Nadiad
District Kheda
State Gujarat
Pincode 387001
Country IN
Address 1st floor tower opp city gymkhana kapadwanj road nadiad district kheda 387001
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 Amo Nadiad 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, Amo Nadiad branch makes the system almost error free and faster. Use of BOI MICR codes for Amo Nadiad branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Amo Nadiad >>Sant Ram Mandir Road

MICR code for Bank Of India Amo Nadiad

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 Amo Nadiad 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 Amo Nadiad branch. MICR code for Amo Nadiad 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 Amo Nadiad is presented in the table alongside.

Use of BOI MICR code for Amo Nadiad branch in nadiad

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