Bank Of India Aahiyapur Muzaffarpur Bihar MICR CODE

Find MICR Codes for Bank Of India Aahiyapur Muzaffarpur Bihar

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ahiyapur
Contact 99314404804
Bank Details Bank Of India Ahiyapur BKID0004664
Location Aahiyapur, Muzaffarpur
City Aahiyapur
District Muzaffarpur
State Bihar
Pincode 842001
Country IN
Address K.p.complex,new zero mile, darbhanga road, at-ahiyapur, po-hpo. Distt-muzaffarpur - 842001
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 Ahiyapur 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, Ahiyapur branch makes the system almost error free and faster. Use of BOI MICR codes for Ahiyapur 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 -

>>Ahiyapur

MICR code for Bank Of India Ahiyapur

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

Use of BOI MICR code for Ahiyapur branch in aahiyapur

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