Bank Of India Chandapura Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of India Chandapura Bangalore Urban Karnataka

↻ Reload
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chandapur
Contact Mr A.M.Chamaraj, Manager - 9449219288
Bank Details Bank Of India Chandapur BKID0008482
Location Chandapura, Bangalore Urban
City Chandapura
District Bangalore Urban
State Karnataka
Pincode 560081
Country IN
Address 45-368, banahally road, near govt u.p.school, chandapur, bangalore rural district, karnataka - 560081
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.

Search Bank Of India MICR Codes in bangalore urban

You can search through MICR Codes of Karnataka branches in chandapura of District bangalore urban in Karnataka State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Chandapur

How to find MICR codes for Bank Of India in chandapura?

Bank Of India chandapura MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for chandapura, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India chandapura branches.

BOI MICR code in chandapura

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for chandapura branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in chandapura, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for chandapura branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India chandapura branch, sprinted 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. Thus MICR code for BOI chandapura branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for chandapura branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

Copied!