Bank Of India Virar Thane Maharashtra MICR CODE

Find MICR Codes for Bank Of India Virar Thane Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Virar(West)
Contact 1. N K Marwah - 24221665 2. Mrs. Sita Bhaskar - 24265234
Bank Details Bank Of India Virar(West) BKID0000134
Location Virar, Thane
City Virar
District Thane
State Maharashtra
Pincode 401303
Country IN
Address Yashwant sankalp, 1st floor, near vartak ward lake, viva college road, virar (w) tal. Vasai, dist. Thane pin 401303
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Nala Sopara
Contact
Bank Details Bank Of India Nala Sopara BKID0001249
Location Virar, Thane
City Virar
District Thane
State Maharashtra
Pincode 401303
Country IN
Address Shalibhadra avenue 1st floor vasai sopara link road nala sopara east
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 thane

You can search through MICR Codes of Maharashtra branches in virar of District thane 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 -

>>Nala Sopara >>Virar(West)

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

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

BOI MICR code in virar

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