Bank Of India Hazaribagh Hazaribag Jharkhand MICR CODE

Find MICR Codes for Bank Of India Hazaribagh Hazaribag Jharkhand

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MICR Code	825013004
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	Korra
Contact	Mr. Somnath Ghosh Mobile No:-9801001209
Bank Details	Bank Of India Korra BKID0004699

Location	Hazaribagh, Hazaribag
City	Hazaribagh
District	Hazaribag
State	Jharkhand
Pincode	825303
Country	IN
Address	Bank of india ; korra branch, at&po:-korra, hazaribag ; jharkhand, pin-825303

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 825013004 for Korra 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 825013004 of BOI, Korra branch makes the system almost error free and faster. Use of BOI MICR codes for Korra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of India are available with micr code -

>>Achaljamu >>Amrit Nagar >>Chalkusa >>Hazaribag >>Hazaribag Bazar >>Khapariyawan >>Korra >>Ldm Office Hazaribagh >>Nawada >>Pugmil >>Ramnagar >>Romi >>Rseti Koderma Hazaribagh >>Vinoba Bhave University

MICR code for Bank Of India Korra

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 Korra 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. 825013004 is the MICR code of Bank Of India for Korra branch. MICR code for Korra 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 Korra is presented in the table alongside.

Use of BOI MICR code for Korra branch in hazaribagh

The MICR code 825013004 is used in RBI cheque clearing process to identify the branch Korra 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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