Bank Of India Bokaro Bermo Jharkhand MICR CODE

Find MICR Codes for Bank Of India Bokaro Bermo Jharkhand

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MICR Code	827013526
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	Bermo
Contact	9031308940
Bank Details	Bank Of India Bermo BKID0005252

Location	Bokaro, Bermo
City	Bokaro
District	Bermo
State	Jharkhand
Pincode	829144
Country	IN
Address	At po phusro bazar ps bermo dist bokaro jharkhand pin code 829144

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 827013526 for Bermo 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 827013526 of BOI, Bermo branch makes the system almost error free and faster. Use of BOI MICR codes for Bermo 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 -

>>Bermo

MICR code for Bank Of India Bermo

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 Bermo 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. 827013526 is the MICR code of Bank Of India for Bermo branch. MICR code for Bermo 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 Bermo is presented in the table alongside.

Use of BOI MICR code for Bermo branch in bokaro

The MICR code 827013526 is used in RBI cheque clearing process to identify the branch Bermo 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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