Bank Of India Surat Surat Gujarat MICR CODE

Find MICR Codes for Bank Of India Surat Surat Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandesara
Contact Br Mgr 08511554317
Bank Details Bank Of India Pandesara BKID0002764
Location Surat, Surat
City Surat
District Surat
State Gujarat
Pincode 394221
Country IN
Address Bank of india,pandesara branch nagar gujarat housing board, pandesara main road,surat.pin code: 394221
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 395013022 for Pandesara 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 395013022 of BOI, Pandesara branch makes the system almost error free and faster. Use of BOI MICR codes for Pandesara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Pandesara

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 Pandesara 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. 395013022 is the MICR code of Bank Of India for Pandesara branch. MICR code for Pandesara 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 Pandesara is presented in the table alongside.

Use of BOI MICR code for Pandesara branch in surat

The MICR code 395013022 is used in RBI cheque clearing process to identify the branch Pandesara 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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