Bank Of India Lanja Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Bank Of India Lanja Ratnagiri Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Lanja
Contact Varma Sukhdeo, Chief Manager, Tel: 2410993, 2419364, 2431627
Bank Details Bank Of India Lanja BKID0001402
Location Lanja, Ratnagiri
City Lanja
District Ratnagiri
State Maharashtra
Pincode 416701
Country IN
Address 212-a-1,panduranga nivas,lanja-416 701
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhambed
Contact Br Mgr 8275332686
Bank Details Bank Of India Bhambed BKID0001487
Location Lanja, Ratnagiri
City Lanja
District Ratnagiri
State Maharashtra
Pincode 416701
Country IN
Address H.no.1235, a/p – bhambed, taluka lanja, dist. Ratnagiri pin 416701
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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.

Search Bank Of India MICR Codes in ratnagiri

You can search through MICR Codes of Maharashtra branches in lanja of District ratnagiri in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 3 branches of Bank Of India are available with micr code -

>>Bhambed >>Lanja >>Lanja

How to find MICR codes for Bank Of India in lanja?

Bank Of India lanja MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for lanja, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India lanja branches.

BOI MICR code in lanja

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for lanja branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in lanja, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for lanja branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India lanja branch, sprinted 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. Thus MICR code for BOI lanja branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for lanja branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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