Bank Of India Hesaraghatta Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of India Hesaraghatta Bangalore Urban Karnataka

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hesaraghatta
Contact 9480082925
Bank Details Bank Of India Hesaraghatta BKID0008951
Location Hesaraghatta, Bangalore Urban
City Hesaraghatta
District Bangalore Urban
State Karnataka
Pincode 560073
Country IN
Address No 23 v g complex ward no 14 bagalagunte hesaraghatta road bengaluru 560073
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 Hesaraghatta 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, Hesaraghatta branch makes the system almost error free and faster. Use of BOI MICR codes for Hesaraghatta 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 -

>>Hesaraghatta

MICR code for Bank Of India Hesaraghatta

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

Use of BOI MICR code for Hesaraghatta branch in hesaraghatta

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