Bank Of India Kanchipuram Kancheepuram Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India Kanchipuram Kancheepuram Tamil Nadu

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Chrompet
Contact Mr. S.Santhanam, 9282101361
Bank Details Bank Of India Chrompet BKID0008237
Location Kanchipuram, Kancheepuram
City Kanchipuram
District Kancheepuram
State Tamil Nadu
Pincode 600044
Country IN
Address 7, clc works road, chrompet, chennai - 600 044.
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 600013041 for Chrompet 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 600013041 of BOI, Chrompet branch makes the system almost error free and faster. Use of BOI MICR codes for Chrompet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>Chrompet >>Kancheepuram

MICR code for Bank Of India Chrompet

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 Chrompet 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. 600013041 is the MICR code of Bank Of India for Chrompet branch. MICR code for Chrompet 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 Chrompet is presented in the table alongside.

Use of BOI MICR code for Chrompet branch in kanchipuram

The MICR code 600013041 is used in RBI cheque clearing process to identify the branch Chrompet 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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