Bank Of India Jaggayyapet Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Jaggayyapet Krishna Andhra Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaggayyapet
Contact Shri P.Satyanarayana Murthy , Branch Manager, Mob:95505 41619
Bank Details Bank Of India Jaggayyapet BKID0005640
Location Jaggayyapet, Krishna
City Jaggayyapet
District Krishna
State Andhra Pradesh
Pincode 521175
Country IN
Address D.no:6-57/1b & 1c, koppu complex, seetarampuram, hyderabad road, jaggayyapeta -521175 krishna dist andhra pradesh.
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.

Search Bank Of India MICR Codes in krishna

You can search through MICR Codes of Andhra Pradesh branches in jaggayyapet of District krishna in Andhra Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Jaggayyapet

How to find MICR codes for Bank Of India in jaggayyapet?

Bank Of India jaggayyapet MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for jaggayyapet, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India jaggayyapet branches.

BOI MICR code in jaggayyapet

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for jaggayyapet branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in jaggayyapet, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for jaggayyapet branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India jaggayyapet branch, sprinted 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. Thus MICR code for BOI jaggayyapet branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for jaggayyapet branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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