Bank Of India Kangra Kangra Himachal Pradesh MICR CODE

Find MICR Codes for Bank Of India Kangra Kangra Himachal Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kangra
Contact Br Mgr 9896333994
Bank Details Bank Of India Kangra BKID0007927
Location Kangra, Kangra
City Kangra
District Kangra
State Himachal Pradesh
Pincode 176001
Country IN
Address Bank of india kangra branch, kalra's dharamsala road, distt kangra, himachal pradesh-176001
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 Kangra 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, Kangra branch makes the system almost error free and faster. Use of BOI MICR codes for Kangra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>Kangra >>Kullu

MICR code for Bank Of India Kangra

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

Use of BOI MICR code for Kangra branch in kangra

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