Bank Of India Vadnagar Mahesana Gujarat MICR CODE

Find MICR Codes for Bank Of India Vadnagar Mahesana Gujarat

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vadnagar
Contact Mr. D R Kataria Bm M 97120 66325 Ph. 02761-222922
Bank Details Bank Of India Vadnagar BKID0002217
Location Vadnagar, Mahesana
City Vadnagar
District Mahesana
State Gujarat
Pincode 384355
Country IN
Address Deep complex, behind railway station, at & po vadnagar, dist. Mehsana 384355 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 384013502 for Vadnagar 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 384013502 of BOI, Vadnagar branch makes the system almost error free and faster. Use of BOI MICR codes for Vadnagar 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 -

>>Vadnagar

MICR code for Bank Of India Vadnagar

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 Vadnagar 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. 384013502 is the MICR code of Bank Of India for Vadnagar branch. MICR code for Vadnagar 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 Vadnagar is presented in the table alongside.

Use of BOI MICR code for Vadnagar branch in vadnagar

The MICR code 384013502 is used in RBI cheque clearing process to identify the branch Vadnagar 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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