Bank Of India Kamti Solapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Kamti Solapur Maharashtra

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MICR Code	413874504
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	Kamti
Contact	2189-245247
Bank Details	Bank Of India Kamti BKID0VG2036

Location	Kamti, Solapur
City	Kamti
District	Solapur
State	Maharashtra
Pincode	413253
Country	IN
Address	Wainganga krishna gramin bank kimti branch c o rajkumar narndeo kharade a p kamti tal mohol dist solapur solapur mh 413253 india,solapur

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 413874504 for Kamti 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 413874504 of BOI, Kamti branch makes the system almost error free and faster. Use of BOI MICR codes for Kamti branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Kamti

MICR code for Bank Of India Kamti

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 Kamti 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. 413874504 is the MICR code of Bank Of India for Kamti branch. MICR code for Kamti 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 Kamti is presented in the table alongside.

Use of BOI MICR code for Kamti branch in kamti

The MICR code 413874504 is used in RBI cheque clearing process to identify the branch Kamti 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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