Bank Of India Barshi Solapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Barshi Solapur Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barshi
Contact 2184-223198
Bank Details Bank Of India Barshi BKID0VG2002
Location Barshi, Solapur
City Barshi
District Solapur
State Maharashtra
Pincode 413411
Country IN
Address Vidharbh konkan gramin bank barshi branch 2419 kunkulol complex adawa rasta barshi dist solapur solapur mh 413411 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.

Search Bank Of India MICR Codes in solapur

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

A total of 1 branches of Bank Of India are available with micr code -

>>Barshi

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

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

BOI MICR code in barshi

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for barshi 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 barshi, 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 barshi 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 barshi 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 barshi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for barshi 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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