Bank Of India Bandishegaon Solapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Bandishegaon Solapur Maharashtra

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MICR Code	413874512
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	Bandishegaon
Contact	2186-246243
Bank Details	Bank Of India Bandishegaon BKID0VG2004

Location	Bandishegaon, Solapur
City	Bandishegaon
District	Solapur
State	Maharashtra
Pincode	111111
Country	IN
Address	Vidharbh konkan gramin bank bhandhishegaon branch near hawale hospital at & po bhandhishegaon tal pandhrpur dist solapur solapur mh 111111 india,solapur

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 413874512 for Bandishegaon 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 413874512 of BOI, Bandishegaon branch makes the system almost error free and faster. Use of BOI MICR codes for Bandishegaon 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 -

>>Bandishegaon

MICR code for Bank Of India Bandishegaon

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 Bandishegaon 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. 413874512 is the MICR code of Bank Of India for Bandishegaon branch. MICR code for Bandishegaon 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 Bandishegaon is presented in the table alongside.

Use of BOI MICR code for Bandishegaon branch in bandishegaon

The MICR code 413874512 is used in RBI cheque clearing process to identify the branch Bandishegaon 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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