Bank Of India Bera Dhanbad Jharkhand MICR CODE

Find MICR Codes for Bank Of India Bera Dhanbad Jharkhand

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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	Bera
Contact	H.Rehman(Manager),0326-2305854,6453828,9431511450
Bank Details	Bank Of India Bera BKID0004737

Location	Bera, Dhanbad
City	Bera
District	Dhanbad
State	Jharkhand
Pincode	828106
Country	IN
Address	Bank of india, bera branch, at.bera colliery, p.o.dhansar, dist.dhanbad

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

>>Bera

MICR code for Bank Of India Bera

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

Use of BOI MICR code for Bera branch in bera

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