Bank Of India Ahmedabad Ahmadabad Gujarat MICR CODE

Find MICR Codes for Bank Of India Ahmedabad Ahmadabad Gujarat

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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	New Nikol
Contact
Bank Details	Bank Of India New Nikol BKID0002067

Location	Ahmedabad, Ahmadabad
City	Ahmedabad
District	Ahmadabad
State	Gujarat
Pincode	382350
Country	IN
Address	Shop no 35 36 37 ground floor platinum plaza opp kunj mall nava nikol road ahmedabad gujarat pin 382350

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

A total of 60 branches of Bank Of India are available with micr code -

>>Ahmedabad Arb >>Ahmedabad Main >>Ahmedabad Mid Corporate Banking >>Ahmedabad Nri >>Ahmedabad Service >>Ahmedabad Zonal Office >>Akhbarnagar >>Anand Nagar Road >>Ashram Road >>Bhadra(Ahmedabad Retail Hub) >>Chandlodia >>Corporate Banking Br >>Ctm Char Rasta >>Divisional Office Ahmedabad >>Ellis Bridge >>Ghuma >>Gomtipur >>Gujrat Zonal Audit Office >>Himmatlal Park >>Income Tax Char Rasta >>Isanpur >>Jamalpur >>Jawahar Chowk >>Jetalpur >>Khanpur >>Kujad >>Manek Chowk >>Maninagar >>Meghaninagar >>Memnagar >>Motera >>Naranpur >>Naroda >>Narol >>Navrangpura >>Nenpur Chokdi >>New Cloth Market >>New Nikol >>Paldi >>Panchavati >>Pankore Naka >>Pirana >>Relief Road >>Sabarmati >>Savali >>Shahibaug >>Sharda Mandir Road >>Shyamal Cross Road >>Stadium Road >>Station Road >>Subash Bridge >>Surendra Mangaldas Road >>Thaltej >>Utkanteshwar Mahadev >>Vadaj Road >>Vastral >>Vastrapur >>Vatva Ind Estate >>Vatwa >>Vejalpur

MICR code for Bank Of India New Nikol

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 New Nikol 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 New Nikol branch. MICR code for New Nikol 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 New Nikol is presented in the table alongside.

Use of BOI MICR code for New Nikol branch in ahmedabad

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