Bank Of India Radhanpur Patan Gujarat MICR CODE

Find MICR Codes for Bank Of India Radhanpur Patan Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Radhanpur
Contact Mr. A L Modi (Br. Manager) Landline - 02746 275562 Mobile : 099746 32850 Email- Radhanpur.Gandhinagar@bankofindia.Co.In
Bank Details Bank Of India Radhanpur BKID0002214
Location Radhanpur, Patan
City Radhanpur
District Patan
State Gujarat
Pincode 385340
Country IN
Address Radhanpur branch laxmi niwas,  gandhi chowk, radhanpur, dist - patan gujarat – pin code 385340
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 Radhanpur 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, Radhanpur branch makes the system almost error free and faster. Use of BOI MICR codes for Radhanpur 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 -

>>Radhanpur

MICR code for Bank Of India Radhanpur

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 Radhanpur 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 Radhanpur branch. MICR code for Radhanpur 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 Radhanpur is presented in the table alongside.

Use of BOI MICR code for Radhanpur branch in radhanpur

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