Bank Of India Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of India Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhavasara Kshatriya Coop Bank Ho
Contact 22972781
Bank Details Bank Of India Bhavasara Kshatriya Coop Bank Ho BKID099BKCB
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560053
Country IN
Address No 63 69 sahakara sadana 24th cross kilari road 560053
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 560226264 for Bhavasara Kshatriya Coop Bank Ho 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 560226264 of BOI, Bhavasara Kshatriya Coop Bank Ho branch makes the system almost error free and faster. Use of BOI MICR codes for Bhavasara Kshatriya Coop Bank Ho branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Bhavasara Kshatriya Coop Bank Ho

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 Bhavasara Kshatriya Coop Bank Ho 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. 560226264 is the MICR code of Bank Of India for Bhavasara Kshatriya Coop Bank Ho branch. MICR code for Bhavasara Kshatriya Coop Bank Ho 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 Bhavasara Kshatriya Coop Bank Ho is presented in the table alongside.

Use of BOI MICR code for Bhavasara Kshatriya Coop Bank Ho branch in bangalore

The MICR code 560226264 is used in RBI cheque clearing process to identify the branch Bhavasara Kshatriya Coop Bank Ho 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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