Bank Of India Dahanu Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of India Dahanu Thane Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dahanu Road (West)
Contact 02528-225226
Bank Details Bank Of India Dahanu Road (West) BKID0000145
Location Dahanu, Thane
City Dahanu
District Thane
State Maharashtra
Pincode 401602
Country IN
Address Shop nos. 51 to 55 first floor, vaibhav commercial complex, irani road, dahanu road west thane 401602
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 thane

You can search through MICR Codes of Maharashtra branches in dahanu of District thane 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 -

>>Dahanu Road (West)

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

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

BOI MICR code in dahanu

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