Bank Of India Bhangaram Taladhi Chandrapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Bhangaram Taladhi Chandrapur Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhangaram Talodhi
Contact 07171-256169
Bank Details Bank Of India Bhangaram Talodhi BKID0009621
Location Bhangaram Taladhi, Chandrapur
City Bhangaram Taladhi
District Chandrapur
State Maharashtra
Pincode 442401
Country IN
Address At & post- bhangaram talodhi
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 Bhangaram Talodhi 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, Bhangaram Talodhi branch makes the system almost error free and faster. Use of BOI MICR codes for Bhangaram Talodhi 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 -

>>Bhangaram Talodhi

MICR code for Bank Of India Bhangaram Talodhi

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 Bhangaram Talodhi 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 Bhangaram Talodhi branch. MICR code for Bhangaram Talodhi 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 Bhangaram Talodhi is presented in the table alongside.

Use of BOI MICR code for Bhangaram Talodhi branch in bhangaram taladhi

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