Bank Of India Hubli Dharwad Dharwad Karnataka MICR CODE

Find MICR Codes for Bank Of India Hubli Dharwad Dharwad Karnataka

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	Dharwad
Contact	Mr. C. P.Sharma Tel: 02764 286780 Mobile:09427442161
Bank Details	Bank Of India Dharwad BKID0008428

Location	Hubli Dharwad, Dharwad
City	Hubli Dharwad
District	Dharwad
State	Karnataka
Pincode	580001
Country	IN
Address	Dharwad,hotel dharwad building,p. B. Road,,dharwad,580001,karnataka

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

A total of 4 branches of Bank Of India are available with micr code -

>>Amo Hubbali >>Dharwad >>Gokul Road >>Hubli

MICR code for Bank Of India Dharwad

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 Dharwad 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 Dharwad branch. MICR code for Dharwad 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 Dharwad is presented in the table alongside.

Use of BOI MICR code for Dharwad branch in hubli dharwad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dharwad 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!