Bank Of India Vesvi Ratnagiri Maharashtra MICR CODE

Find MICR Codes for Bank Of India Vesvi Ratnagiri Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vesvi
Contact Br Mgr 8108632525, 02350-223330
Bank Details Bank Of India Vesvi BKID0001485
Location Vesvi, Ratnagiri
City Vesvi
District Ratnagiri
State Maharashtra
Pincode 415208
Country IN
Address Bank of india,house no. 52, vishwanath smruti bazarpeth, vesvi city:vesvi district: ratnagiri state : maharashtra postal code: 415 208
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Vesvi
Contact 2350-2350223307
Bank Details Bank Of India Vesvi BKID0VG3020
Location Vesvi, Ratnagiri
City Vesvi
District Ratnagiri
State Maharashtra
Pincode 415208
Country IN
Address A p.vesvi, tal mandangad, dist ratnagiri, pin code 415208
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 ratnagiri

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

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

>>Vesvi >>Vesvi

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

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

BOI MICR code in vesvi

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for vesvi 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 vesvi, 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 vesvi 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 vesvi 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 vesvi branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for vesvi 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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