Bank Of India Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Hyderabad Hyderabad Andhra Pradesh

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State
District
City
Branch
Address

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	Malakpet
Contact	Sri Satish Kumar, Manager Tel 06542-236355
Bank Details	Bank Of India Malakpet BKID0008627

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Andhra Pradesh
Pincode	500036
Country	IN
Address	Malakpet,16-10-27 /105/25,,malakpet pb 1317,hyderabad,500036,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.

How does MICR code 0 for Malakpet 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, Malakpet branch makes the system almost error free and faster. Use of BOI MICR codes for Malakpet branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Bank Of India are available with micr code -

>>Adikmet >>Ameerpet >>Andhra Pradesh Police Academy >>Azamabad >>Balanagar >>Banjara Hills >>Bashirbagh >>Dilsukh Nagar >>Film Nagar >>Hyderabad >>Hyderabad Arb >>Hyderabad Cbb >>Hyderabad Hi Tech Agri >>Hyderabad Housing And Personal Fin >>Hyderabad Large Corporate >>Hyderabad Overseas >>Hyderabad Service Branch >>Kachiguda >>Khairatabad >>Kukatpally >>Malakpet >>Malkajgiri >>Mansoorabad >>Miyapur >>S. R. Nagar >>Sainikpuri >>Saroor Nagar >>Sultan Bazar

MICR code for Bank Of India Malakpet

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

Use of BOI MICR code for Malakpet branch in hyderabad

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