Bank Of India Thane Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of India Thane Thane Maharashtra

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MICR Code	400013191
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	Palava City
Contact	0
Bank Details	Bank Of India Palava City BKID0000195

Location	Thane, Thane
City	Thane
District	Thane
State	Maharashtra
Pincode
Country	IN
Address	Unit n 003 lodha xperia opp lodha world school near khidkaleshwar temple kalyan shil road palava

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 400013191 for Palava City 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 400013191 of BOI, Palava City branch makes the system almost error free and faster. Use of BOI MICR codes for Palava City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Bank Of India are available with micr code -

>>Ambernath >>Apmc Market Vashi Turbhe >>Asangaon >>Badlapur East >>Badlapur West >>Bhayandar >>Bhiwandi >>Boisar >>Cbd Belapur >>Dombivli >>Ghodbunder Road >>Kalwa East >>Kalyan >>Kopri Colony >>Mira Road >>Nalasopara(West) >>Palava City >>Rajaji Pathdombivali (East) >>Seawoods >>Shahapur >>Thane >>Thane Corporate Banking Branch >>Ulhasnagar >>Ulhasnagar 5

MICR code for Bank Of India Palava City

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 Palava City 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. 400013191 is the MICR code of Bank Of India for Palava City branch. MICR code for Palava City 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 Palava City is presented in the table alongside.

Use of BOI MICR code for Palava City branch in thane

The MICR code 400013191 is used in RBI cheque clearing process to identify the branch Palava City 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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