Bank Of India Sarkhej Ahmadabad Gujarat MICR CODE

Find MICR Codes for Bank Of India Sarkhej Ahmadabad Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch S G Highway
Contact Shri J. D. Chavda, Manager, Tel: 02832- 286232
Bank Details Bank Of India S G Highway BKID0002040
Location Sarkhej, Ahmadabad
City Sarkhej
District Ahmadabad
State Gujarat
Pincode 380001
Country IN
Address S.g. Highway,ground floor, no. 6, s,opp. Karnavati club,,ahmedabad,380001,gujarat
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 S G Highway 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, S G Highway branch makes the system almost error free and faster. Use of BOI MICR codes for S G Highway branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>S G Highway >>Sarkhej Road

MICR code for Bank Of India S G Highway

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 S G Highway 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 S G Highway branch. MICR code for S G Highway 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 S G Highway is presented in the table alongside.

Use of BOI MICR code for S G Highway branch in sarkhej

The MICR code 0 is used in RBI cheque clearing process to identify the branch S G Highway 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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