Bank Of India Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for Bank Of India Gurgaon Gurgaon Haryana

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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	Gurgaon Sector 23
Contact	Br Mgr 9717303256
Bank Details	Bank Of India Gurgaon Sector 23 BKID0006730

Location	Gurgaon, Gurgaon
City	Gurgaon
District	Gurgaon
State	Haryana
Pincode	122001
Country	IN
Address	Bank of india gurgaon sector 23 branch, sco 17, huda market, sector 23 a, gurgaon, distt gurgaon, haryana-122001

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 Gurgaon Sector 23 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, Gurgaon Sector 23 branch makes the system almost error free and faster. Use of BOI MICR codes for Gurgaon Sector 23 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 -

>>Gurgaon >>Gurgaon Sector 10 >>Gurgaon Sector 23 >>Gurgaon Sector 40 >>Gurgaon Sector Sixty Seven >>Islampurgurgaon >>Manesar >>Mgf Plaza

MICR code for Bank Of India Gurgaon Sector 23

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 Gurgaon Sector 23 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 Gurgaon Sector 23 branch. MICR code for Gurgaon Sector 23 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 Gurgaon Sector 23 is presented in the table alongside.

Use of BOI MICR code for Gurgaon Sector 23 branch in gurgaon

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gurgaon Sector 23 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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