Bank Of India Dhanbad Dhanbad Jharkhand MICR CODE

Find MICR Codes for Bank Of India Dhanbad Dhanbad Jharkhand

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MICR Code	826012027
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	Koyla Nagar
Contact	0
Bank Details	Bank Of India Koyla Nagar BKID0005927

Location	Dhanbad, Dhanbad
City	Dhanbad
District	Dhanbad
State	Jharkhand
Pincode	828127
Country	IN
Address	Flat no-c2-93, serctor vii, at-koyla nagar, po- saraidhela, 828127

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 826012027 for Koyla Nagar 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 826012027 of BOI, Koyla Nagar branch makes the system almost error free and faster. Use of BOI MICR codes for Koyla Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Bank Of India are available with micr code -

>>Babudih >>Bagula >>Bhaga >>Combind Building >>Dhanbad >>Dhanbad Service Branch >>Dhanbad Zonal Office >>Hirapur Sme >>Jharia >>K K Polytechnic >>Kapuria >>Katrashgarh >>Keliasole >>Kola Kusuma >>Koyla Nagar >>Ldm Office Dhanbad >>Manaitand >>Maniadih >>Saraidhela >>Shakti Mandir >>Telmocho

MICR code for Bank Of India Koyla Nagar

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 Koyla Nagar 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. 826012027 is the MICR code of Bank Of India for Koyla Nagar branch. MICR code for Koyla Nagar 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 Koyla Nagar is presented in the table alongside.

Use of BOI MICR code for Koyla Nagar branch in dhanbad

The MICR code 826012027 is used in RBI cheque clearing process to identify the branch Koyla Nagar 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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