Bank Of India Gandhinagar Gandhinagar Gujarat MICR CODE

Find MICR Codes for Bank Of India Gandhinagar Gandhinagar Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gift City
Contact 0
Bank Details Bank Of India Gift City BKID0002121
Location Gandhinagar, Gandhinagar
City Gandhinagar
District Gandhinagar
State Gujarat
Pincode 382355
Country IN
Address 56 a gift one ground floor 5c road zone 5 gandhinagar 382355
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 380013093 for Gift City 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 380013093 of BOI, Gift City branch makes the system almost error free and faster. Use of BOI MICR codes for Gift City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Bank Of India are available with micr code -

>>Aamja >>Alampur >>Gandhinagar >>Gandhinagar Zonal Office >>Gift City >>Infocity >>Kudasan >>Zak

MICR code for Bank Of India Gift City

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 Gift City 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. 380013093 is the MICR code of Bank Of India for Gift City branch. MICR code for Gift City 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 Gift City is presented in the table alongside.

Use of BOI MICR code for Gift City branch in gandhinagar

The MICR code 380013093 is used in RBI cheque clearing process to identify the branch Gift City 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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