Bank Of India Kochi Ernakulam Kerala MICR CODE

Find MICR Codes for Bank Of India Kochi Ernakulam Kerala

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ernakulam Mid Corporate
Contact Muralidharan K. Menon
Bank Details Bank Of India Ernakulam Mid Corporate BKID0008518
Location Kochi, Ernakulam
City Kochi
District Ernakulam
State Kerala
Pincode 682019
Country IN
Address Ernakulam mid corporate branch, manavalan building, jawahar nagar east, vyttila, cochin - 682019
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 682013023 for Ernakulam Mid Corporate 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 682013023 of BOI, Ernakulam Mid Corporate branch makes the system almost error free and faster. Use of BOI MICR codes for Ernakulam Mid Corporate branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Ernakulam Mid Corporate

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 Ernakulam Mid Corporate 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. 682013023 is the MICR code of Bank Of India for Ernakulam Mid Corporate branch. MICR code for Ernakulam Mid Corporate 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 Ernakulam Mid Corporate is presented in the table alongside.

Use of BOI MICR code for Ernakulam Mid Corporate branch in kochi

The MICR code 682013023 is used in RBI cheque clearing process to identify the branch Ernakulam Mid Corporate 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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