Bank Of India Bhuj Kachchh Gujarat MICR CODE

Find MICR Codes for Bank Of India Bhuj Kachchh Gujarat

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MICR Code	370013507
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	Bhimasar
Contact	Mr H V Vora Bm M- 98253 73980 Ph. 02836 285255
Bank Details	Bank Of India Bhimasar BKID0003830

Location	Bhuj, Kachchh
City	Bhuj
District	Kachchh
State	Gujarat
Pincode	370240
Country	IN
Address	Bank of india, bhimasar br shri bhimasar juth gram panchayat building, saharagram, at. & p.o. Bhimasar, tal. Anjar dist. Kutch pin code 370240

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 370013507 for Bhimasar 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 370013507 of BOI, Bhimasar branch makes the system almost error free and faster. Use of BOI MICR codes for Bhimasar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of India are available with micr code -

>>Baladia >>Bharasar >>Bhimasar >>Bhuj >>Bhuj Nri >>Dahisara >>Godpar >>Madhapur >>Naranpur >>Sukhpar

MICR code for Bank Of India Bhimasar

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 Bhimasar 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. 370013507 is the MICR code of Bank Of India for Bhimasar branch. MICR code for Bhimasar 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 Bhimasar is presented in the table alongside.

Use of BOI MICR code for Bhimasar branch in bhuj

The MICR code 370013507 is used in RBI cheque clearing process to identify the branch Bhimasar 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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