Bank Of India Bakhtiarpur Patna Bihar MICR CODE

Find MICR Codes for Bank Of India Bakhtiarpur Patna Bihar

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MICR Code	-NA-
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bakhtiarpur
Contact
Bank Details	Bank Of India Bakhtiarpur BKID0004469

Location	Bakhtiarpur, Patna
City	Bakhtiarpur
District	Patna
State	Bihar
Pincode	803212
Country	IN
Address	Station road, at & po bakhtiarpur,district: patna,(bihar)

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 Bakhtiarpur 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, Bakhtiarpur branch makes the system almost error free and faster. Use of BOI MICR codes for Bakhtiarpur 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 -

>>Bakhtiarpur

MICR code for Bank Of India Bakhtiarpur

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

Use of BOI MICR code for Bakhtiarpur branch in bakhtiarpur

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