Bank Of India Nenpur Kheda Gujarat MICR CODE

Find MICR Codes for Bank Of India Nenpur Kheda Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nenpur Chokdi
Contact 9879609307
Bank Details Bank Of India Nenpur Chokdi BKID0002077
Location Nenpur, Kheda
City Nenpur
District Kheda
State Gujarat
Pincode 387130
Country IN
Address Dada bhagwan complex nenpur chokdi village sansoli taluka mehmedabad pin 387130
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 387013514 for Nenpur Chokdi 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 387013514 of BOI, Nenpur Chokdi branch makes the system almost error free and faster. Use of BOI MICR codes for Nenpur Chokdi 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 -

>>Nenpur Chokdi

MICR code for Bank Of India Nenpur Chokdi

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 Nenpur Chokdi 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. 387013514 is the MICR code of Bank Of India for Nenpur Chokdi branch. MICR code for Nenpur Chokdi 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 Nenpur Chokdi is presented in the table alongside.

Use of BOI MICR code for Nenpur Chokdi branch in nenpur

The MICR code 387013514 is used in RBI cheque clearing process to identify the branch Nenpur Chokdi 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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