Bank Of India Mumbai Mumbai Maharashtra MICR CODE

Find MICR Codes for Bank Of India Mumbai Mumbai Maharashtra

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
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	Bullion Exchange
Contact	P S Deshpande; V V Powle; Ph-022-23400862, 23430704
Bank Details	Bank Of India Bullion Exchange BKID0000008

Location	Mumbai, Mumbai
City	Mumbai
District	Mumbai
State	Maharashtra
Pincode	400002
Country	IN
Address	Bullion exchange, 185, sheikh memon street, , post box no. 2313, , mumbai, 400002, maharashtra

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

A total of 102 branches of Bank Of India are available with micr code -

>>Altamount Road >>Andheri Corporate Banking Branch >>Andheri Retail Hub >>Andheri West >>Atm Cell >>Bakti Park >>Ballard Estate >>Bandra East >>Bandra Kurla Complex >>Bandra Kurla Complex >>Bandra Reclamation >>Belapur >>Bhandup >>Borivili East >>Borivli (West) >>Breach Candy >>Bullion Exchange >>C P Tank >>Card Products Department >>Chakala >>Chembur >>Chuchgate >>Cumballa Hill >>D.N.Road >>Dadar West >>Dahisar >>Danda Khar >>Electric House >>Gandhi Market >>Ghatkopar (West) >>Ghatkopar East >>Girgaum >>Goregaon West >>Goregaon(East) >>Grant Road >>Igidr >>Jacob Circle >>Juhu >>Kalbadevi >>Kandivli >>Khar >>Khodadad Circle >>Link Road Malad >>Mahalaxmi >>Mahaveer Nagar(Charkop) >>Maheshwari Udyan >>Mahim (W) >>Malad (East) >>Malad (West) >>Mandvi >>Mazgaon >>Mulund East >>Mulund West >>Mumbai Central >>Mumbai Corporate Banking Branch >>Mumbai Housing Finanace >>Mumbai Large Corporate Branch >>Mumbai Main >>Mumbai Nri >>Mumbai Overseas >>Mumbai Service Branch >>Nagpada >>Naigaon Cross Road >>Nana Chowk >>Napean Sea Road >>Nariman Point >>Null Bazar >>Opera House >>Panchpakhadi >>Parel >>Powai >>Prabhadevi >>Prathana Samaj >>Ramdas Naik Marg >>Rtgs Ho >>Sakinaka >>Sakinaka Corporate Banking Branch >>Sanpada >>Santacruz >>Sarm >>Seepz >>Service Branch >>Shivaji Park Ssi >>Sion >>Ssi Andheri >>Star Cms Hub >>Stock Exchange >>Tambe Nagar >>Tardeo Road >>Turbhe >>Turner Road >>Vashi >>Versova >>Vikhroli Park Site >>Vile Parle (East) >>Vile Parle West >>Wadala East >>Wadala West >>Walkeshwar >>Wodehouse Road >>Worli Naka >>Yari Road

MICR code for Bank Of India Bullion Exchange

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 Bullion Exchange 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 Bullion Exchange branch. MICR code for Bullion Exchange 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 Bullion Exchange is presented in the table alongside.

Use of BOI MICR code for Bullion Exchange branch in mumbai

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bullion Exchange 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.

Copied!