Bank Of India Imphal Imphal Manipur MICR CODE

Find MICR Codes for Bank Of India Imphal Imphal Manipur

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Imphal
Contact 0385-2449164 ,2449174
Bank Details Bank Of India Imphal BKID0005042
Location Imphal, Imphal
City Imphal
District Imphal
State Manipur
Pincode 795001
Country IN
Address Paona bazar friends talkies po imphal manipur 795001
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 795013002 for Imphal 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 795013002 of BOI, Imphal branch makes the system almost error free and faster. Use of BOI MICR codes for Imphal 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 -

>>Imphal

MICR code for Bank Of India Imphal

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 Imphal 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. 795013002 is the MICR code of Bank Of India for Imphal branch. MICR code for Imphal 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 Imphal is presented in the table alongside.

Use of BOI MICR code for Imphal branch in imphal

The MICR code 795013002 is used in RBI cheque clearing process to identify the branch Imphal 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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