Bank Of India Sidhpur Patan Gujarat MICR CODE

Find MICR Codes for Bank Of India Sidhpur Patan Gujarat

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MICR Code	-NA-
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	Siddhpur
Contact	Shri S A Tunvar Branch Manager Landline 02767 223022 Mob 99251 61087 Email Siddhpur. Gandhinagar@bankofindia.Co.In
Bank Details	Bank Of India Siddhpur BKID0002223

Location	Sidhpur, Patan
City	Sidhpur
District	Patan
State	Gujarat
Pincode	384151
Country	IN
Address	Bank of india, pramukh plaza, s j road, siddhpur, dist patan, gujarat pin 384 151

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 Siddhpur 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, Siddhpur branch makes the system almost error free and faster. Use of BOI MICR codes for Siddhpur 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 -

>>Siddhpur

MICR code for Bank Of India Siddhpur

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

Use of BOI MICR code for Siddhpur branch in sidhpur

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