|
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 of BOI, branch makes the system almost error free and faster. Use of BOI MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Ansari Road >>Asaf Ali Road >>Ashok Vihar >>Azadpur >>Bahadur Shah Zaffar Marg >>Bank Street >>Bhaktawarpur >>Budh Vihar >>Budhpur >>Cannaught Circus >>Cgo Complex >>Chand Nagar >>Chandni Chowk >>Chittaranjan Park >>Dabri Palam Road >>Delhi Cantt >>Delhi Spl Housing >>Deoli Khanpur >>Dilshad Garden >>Dwarka >>Earth Sciences Complex >>East Of Kailash >>Gandhi Nagar >>Govindpuri >>Greater Kailash Ii >>Hamdard Dawakhana >>Hauz Khas >>Jamia Millia Islamia >>Janakpuri >>Jandewala Extension >>Janpath >>Jasola >>Jawalaheri Paschimvihar >>Jesus And Mary College >>Kamla Nagar >>Kapashera >>Karawal Nagar >>Karol Bagh >>Keshopur Village >>Khan Market >>Kirari Suleman Nagar >>Kirti Nagar >>Krishna Nagar >>Lajpat Nagar >>M Block Vikaspuri >>Mahipalpur >>Malai Mandir >>Malviyanagar >>Mandir Marg >>Mayapuri Industrial Area >>Mayur Vihar >>Mid Corporate Banking Branch Preet Vihar >>Mid Corporate Banking Ranch New Friends Colony >>Mohan Garden (Uttam Nagar) >>Mukherjee Nagar >>Najafgarh >>Narela >>National Banking Group North I >>Nehru Place >>New Delhi Arb >>New Delhi Corp. Banking Branch >>New Delhi Large Corporate Branch >>New Delhi Nri >>New Delhi Overseas >>New Delhi Service Br >>New Delhi Ssi >>New Delhi Zonal Office >>New Friends Colony >>Okhla Ind Estate >>Panchsheel >>Parliament Street >>Paschim Vihar >>Patparganj >>Pharganj >>Pitampura >>Punjabi Bagh >>Rajendra Place >>Rajouri Garden >>Ram Vihar >>Rohini >>Rohini (Sector 24) >>Safdarjung >>Sagarpur New Delhi >>Saket >>Sangam Vihar >>Shahadara >>Shalimar Bagh >>Shastri Nagar >>South Extension >>Sultanpur >>Tilak Nagar >>Uttam Nagar >>Vasant Vihar >>Vikas Marg >>Vikaspuri >>Vishnu Garden >>Yamuna Vihar
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 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. is the MICR code of Bank Of India for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the branch 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.