Bank Of India Mullanpur Dakha Ludhiana Punjab MICR CODE

Find MICR Codes for Bank Of India Mullanpur Dakha Ludhiana Punjab

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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	Dhaka
Contact	K.G.Joseph, Manger, Tel: 0483-2769837
Bank Details	Bank Of India Dhaka BKID0006511

Location	Mullanpur Dakha, Ludhiana
City	Mullanpur Dakha
District	Ludhiana
State	Punjab
Pincode	141101
Country	IN
Address	Dakha, 37, grain market, , harjindra palace, po.mu, dhaka, 141101, punjab

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

>>Dhaka

MICR code for Bank Of India Dhaka

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

Use of BOI MICR code for Dhaka branch in mullanpur dakha

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