Bank Of India Fatehgarh Sahib Fatehgarh Sahib Punjab MICR CODE

Find MICR Codes for Bank Of India Fatehgarh Sahib Fatehgarh Sahib Punjab

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Fatehgarh Sahib
Contact Mr. Kuldeep Singh - 01763221327
Bank Details Bank Of India Fatehgarh Sahib BKID0006585
Location Fatehgarh Sahib, Fatehgarh Sahib
City Fatehgarh Sahib
District Fatehgarh Sahib
State Punjab
Pincode 140406
Country IN
Address Near jyoti sarup chowk, sirhind bassian road, fatehgarh sahib-140406, (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 140013112 for Fatehgarh Sahib 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 140013112 of BOI, Fatehgarh Sahib branch makes the system almost error free and faster. Use of BOI MICR codes for Fatehgarh Sahib 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 -

>>Fatehgarh Sahib

MICR code for Bank Of India Fatehgarh Sahib

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 Fatehgarh Sahib 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. 140013112 is the MICR code of Bank Of India for Fatehgarh Sahib branch. MICR code for Fatehgarh Sahib 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 Fatehgarh Sahib is presented in the table alongside.

Use of BOI MICR code for Fatehgarh Sahib branch in fatehgarh sahib

The MICR code 140013112 is used in RBI cheque clearing process to identify the branch Fatehgarh Sahib 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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