Bank Of India Peenya Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of India Peenya Bangalore Urban Karnataka

↻ Reload
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Mid Corporate (Peenya
Contact Mr. Shridhara M K Chief Manager Ph: 09731110303
Bank Details Bank Of India Bangalore Mid Corporate (Peenya BKID0008439
Location Peenya, Bangalore Urban
City Peenya
District Bangalore Urban
State Karnataka
Pincode 560058
Country IN
Address Bangalore mid corp branch, #488-b, vitc model export park, 4th phase, peenya industrial area, bangalore - 560058
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 Bangalore Mid Corporate (Peenya 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, Bangalore Mid Corporate (Peenya branch makes the system almost error free and faster. Use of BOI MICR codes for Bangalore Mid Corporate (Peenya 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 -

>>Bangalore Mid Corporate (Peenya

MICR code for Bank Of India Bangalore Mid Corporate (Peenya

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 Bangalore Mid Corporate (Peenya 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 Bangalore Mid Corporate (Peenya branch. MICR code for Bangalore Mid Corporate (Peenya 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 Bangalore Mid Corporate (Peenya is presented in the table alongside.

Use of BOI MICR code for Bangalore Mid Corporate (Peenya branch in peenya

The MICR code 0 is used in RBI cheque clearing process to identify the branch Bangalore Mid Corporate (Peenya 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.

Copied!