Bank Of India Hirodih Koderma Jharkhand MICR CODE

Find MICR Codes for Bank Of India Hirodih Koderma Jharkhand

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hirodih
Contact Brajesh Kumar, Mgr,06554-230330,9939312112(M)
Bank Details Bank Of India Hirodih BKID0004888
Location Hirodih, Koderma
City Hirodih
District Koderma
State Jharkhand
Pincode 825412
Country IN
Address At-hirodih po-kisgo via-rajdhanwar dist- giridih jharkhand-825412
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Hirodih
Contact
Bank Details Bank Of India Hirodih BKID0005884
Location Hirodih, Koderma
City Hirodih
District Koderma
State Jharkhand
Pincode 825409
Country IN
Address At po hirodih block jainagar dist koderma jharkhand 825409
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 Hirodih 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, Hirodih branch makes the system almost error free and faster. Use of BOI MICR codes for Hirodih branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of India are available with micr code -

>>Banjhedih >>Hirodih >>Hirodih

MICR code for Bank Of India Hirodih

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

Use of BOI MICR code for Hirodih branch in hirodih

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