Bank Of India Mariammanahalli Bellary Karnataka MICR CODE

Find MICR Codes for Bank Of India Mariammanahalli Bellary Karnataka

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mariammanahalli
Contact Bheemsena-Br Mgr 9449536218
Bank Details Bank Of India Mariammanahalli BKID0008421
Location Mariammanahalli, Bellary
City Mariammanahalli
District Bellary
State Karnataka
Pincode 583222
Country IN
Address Marimmanahally,dist bellary.pin-583222
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 Mariammanahalli 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, Mariammanahalli branch makes the system almost error free and faster. Use of BOI MICR codes for Mariammanahalli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Mariammanahalli

MICR code for Bank Of India Mariammanahalli

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

Use of BOI MICR code for Mariammanahalli branch in mariammanahalli

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