Bank Of India Bhagalpur Bhagalpur Bihar MICR CODE

Find MICR Codes for Bank Of India Bhagalpur Bhagalpur Bihar

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MICR Code	-NA-
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Kahalgaon
Contact
Bank Details	Bank Of India Kahalgaon BKID0005812

Location	Bhagalpur, Bhagalpur
City	Bhagalpur
District	Bhagalpur
State	Bihar
Pincode	813214
Country	IN
Address	Bank of india new pandey market ntpc road kahalgaon dist bhagalpur bihar 813214

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 Kahalgaon 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, Kahalgaon branch makes the system almost error free and faster. Use of BOI MICR codes for Kahalgaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of India are available with micr code -

>>Adampur >>Bhagalpur >>Bhagalpur Zonal Office >>Kahalgaon >>Mirjanhat Bhagalpur >>Mirjanhat Bhagalpur >>Nathnagar >>Pirpaiti >>Sultanganj >>Tilkamanjhi

MICR code for Bank Of India Kahalgaon

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

Use of BOI MICR code for Kahalgaon branch in bhagalpur

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