Bank Of India Ankleshwar Bharuch Gujarat MICR CODE

Find MICR Codes for Bank Of India Ankleshwar Bharuch Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ankleshwar Ind Estate
Contact Shri R.K.Behra, Tel: 03222- 263149
Bank Details Bank Of India Ankleshwar Ind Estate BKID0003003
Location Ankleshwar, Bharuch
City Ankleshwar
District Bharuch
State Gujarat
Pincode 393002
Country IN
Address Ankleshwar ind estate,plot no.c/3/10-b,gidc,,old national highway n,ankaleshwar,393002,gujarat
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 Ankleshwar Ind Estate 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, Ankleshwar Ind Estate branch makes the system almost error free and faster. Use of BOI MICR codes for Ankleshwar Ind Estate 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 -

>>Ankleshwar Ind Estate

MICR code for Bank Of India Ankleshwar Ind Estate

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 Ankleshwar Ind Estate 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 Ankleshwar Ind Estate branch. MICR code for Ankleshwar Ind Estate 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 Ankleshwar Ind Estate is presented in the table alongside.

Use of BOI MICR code for Ankleshwar Ind Estate branch in ankleshwar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Ankleshwar Ind Estate 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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