Bank Of India Bhawanipur Bhagalpur Bihar MICR CODE

Find MICR Codes for Bank Of India Bhawanipur Bhagalpur Bihar

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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	Bhawanipur
Contact	Mr. N. K. Singh, Sr. Branch Manager
Bank Details	Bank Of India Bhawanipur BKID0004630

Location	Bhawanipur, Bhagalpur
City	Bhawanipur
District	Bhagalpur
State	Bihar
Pincode	853206
Country	IN
Address	At. & po. Bhawanipur, via. Naugachia, distt. Bhagalpur, bihar-853206

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

>>Bhawanipur

MICR code for Bank Of India Bhawanipur

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

Use of BOI MICR code for Bhawanipur branch in bhawanipur

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