Bank Of India New Delhi Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of India New Delhi Delhi New Delhi

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Divisional Office New Delhi
Contact 0
Bank Details Bank Of India Divisional Office New Delhi BKID000DO64
Location New Delhi, Delhi
City New Delhi
District Delhi
State New Delhi
Pincode 110006
Country IN
Address Divisional office ne
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 Divisional Office New Delhi 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, Divisional Office New Delhi branch makes the system almost error free and faster. Use of BOI MICR codes for Divisional Office New Delhi 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 -

>>Divisional Office New Delhi

MICR code for Bank Of India Divisional Office New Delhi

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 Divisional Office New Delhi 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 Divisional Office New Delhi branch. MICR code for Divisional Office New Delhi 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 Divisional Office New Delhi is presented in the table alongside.

Use of BOI MICR code for Divisional Office New Delhi branch in new delhi

The MICR code 0 is used in RBI cheque clearing process to identify the branch Divisional Office New Delhi 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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