Bank Of India Shrivardhan Raigad Maharashtra MICR CODE

Find MICR Codes for Bank Of India Shrivardhan Raigad Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Harihareshwar
Contact 952147-226026
Bank Details Bank Of India Harihareshwar BKID0001229
Location Shrivardhan, Raigad
City Shrivardhan
District Raigad
State Maharashtra
Pincode 402110
Country IN
Address At & post harihareshwar, tal: srivardhan, city deoghar, pin 402 110
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dive Agar
Contact 9403093688
Bank Details Bank Of India Dive Agar BKID0001245
Location Shrivardhan, Raigad
City Shrivardhan
District Raigad
State Maharashtra
Pincode 402404
Country IN
Address 136 swami vivekanand road, near ganpati temple, at and post dive agar, tal: shrivardhan, pin 402404
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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.

Search Bank Of India MICR Codes in raigad

You can search through MICR Codes of Maharashtra branches in shrivardhan of District raigad in Maharashtra State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 3 branches of Bank Of India are available with micr code -

>>Dive Agar >>Harihareshwar >>Shrivardhan

How to find MICR codes for Bank Of India in shrivardhan?

Bank Of India shrivardhan MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for shrivardhan, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India shrivardhan branches.

BOI MICR code in shrivardhan

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for shrivardhan branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in shrivardhan, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for shrivardhan branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India shrivardhan branch, sprinted 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. Thus MICR code for BOI shrivardhan branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for shrivardhan branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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