Bank Of India Junagadh Junagadh Gujarat MICR CODE

Find MICR Codes for Bank Of India Junagadh Junagadh Gujarat

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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	Joshipura
Contact
Bank Details	Bank Of India Joshipura BKID0003314

Location	Junagadh, Junagadh
City	Junagadh
District	Junagadh
State	Gujarat
Pincode	362002
Country	IN
Address	Joshipara, joshipara, , district junagadh, , junagadh, 362002, gujarat

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

>>Bhalpara >>Gandhigram >>Joshipura >>Junagadh

MICR code for Bank Of India Joshipura

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

Use of BOI MICR code for Joshipura branch in junagadh

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