Bank Of India Balanga Puri Orissa MICR CODE

Find MICR Codes for Bank Of India Balanga Puri Orissa

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Balanga
Contact 0
Bank Details Bank Of India Balanga BKID0005170
Location Balanga, Puri
City Balanga
District Puri
State Orissa
Pincode 752105
Country IN
Address Plot no 468 balanga nimapada road balanga bazar dist puri odisha 752105
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 puri

You can search through MICR Codes of Orissa branches in balanga of District puri in Orissa State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Balanga

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

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

BOI MICR code in balanga

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