Bank Of India B.Odaiyur Cuddalore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India B.Odaiyur Cuddalore Tamil Nadu

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch B.Odaiyur
Contact Manager - Krishnamurthy
Bank Details Bank Of India B.Odaiyur BKID0008384
Location B.Odaiyur, Cuddalore
City B.Odaiyur
District Cuddalore
State Tamil Nadu
Pincode 608601
Country IN
Address Main road,b.odaiyur, chidabaram tk. Pin 608601
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 B.Odaiyur 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, B.Odaiyur branch makes the system almost error free and faster. Use of BOI MICR codes for B.Odaiyur 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 -

>>B.Odaiyur

MICR code for Bank Of India B.Odaiyur

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 B.Odaiyur 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 B.Odaiyur branch. MICR code for B.Odaiyur 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 B.Odaiyur is presented in the table alongside.

Use of BOI MICR code for B.Odaiyur branch in b.odaiyur

The MICR code 0 is used in RBI cheque clearing process to identify the branch B.Odaiyur 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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