Bank Of India Adityapur Saraikela Kharsawan Jharkhand MICR CODE

Find MICR Codes for Bank Of India Adityapur Saraikela Kharsawan Jharkhand

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mid Corporate (Adityapur)
Contact Bm Mgr 07631080181 ,Amlan Ray 09709949333, Manish Mohit 9835502878
Bank Details Bank Of India Mid Corporate (Adityapur) BKID0005940
Location Adityapur, Saraikela Kharsawan
City Adityapur
District Saraikela Kharsawan
State Jharkhand
Pincode 831013
Country IN
Address Bank of india mid corporate adityapur branch prasidh tower 1st floor tata kandra main road adityapur (jamshedpur) dist saraikellakharsawan jharkhand pin831013
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 Mid Corporate (Adityapur) 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, Mid Corporate (Adityapur) branch makes the system almost error free and faster. Use of BOI MICR codes for Mid Corporate (Adityapur) 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 -

>>Mid Corporate (Adityapur)

MICR code for Bank Of India Mid Corporate (Adityapur)

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 Mid Corporate (Adityapur) 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 Mid Corporate (Adityapur) branch. MICR code for Mid Corporate (Adityapur) 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 Mid Corporate (Adityapur) is presented in the table alongside.

Use of BOI MICR code for Mid Corporate (Adityapur) branch in adityapur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mid Corporate (Adityapur) 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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