Bank Of India Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of India Bangalore Bangalore Urban Karnataka

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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	Milk Colony
Contact	Shri S.P.Singh, Mob:9839928730
Bank Details	Bank Of India Milk Colony BKID0008494

Location	Bangalore, Bangalore Urban
City	Bangalore
District	Bangalore Urban
State	Karnataka
Pincode	560055
Country	IN
Address	Milk colony, kirlosker electronic c, indus suburb, bangalore, 560055, karnataka

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

A total of 47 branches of Bank Of India are available with micr code -

>>A E C S Layout >>Banashankari >>Bangalore Agri Tech >>Bangalore Arb >>Bangalore Corporate Banking Branch >>Bangalore Large Corporate >>Bangalore Main >>Bangalore Service >>Bangalore Ssi >>Bangalore Zonal Office >>Basveshwar Nagar >>Bescom Cantonment >>Bettahalasur >>Bhavasara Kshatriya Coop Bank Ho >>Btm Layout >>Byranahalli >>Cantonmen >>Cantonment >>Chikballapur >>City Engineering College Branch >>Hanumanthnagar >>Hsr Layout >>J P Nagar >>J. C. Road >>Jayanagar >>Jeevan Beema Nagar >>Jnana Jyoti Nagar >>Koramangala >>Malleswaram >>Malleswaram Hsg >>Milk Colony >>R. T. Nagar >>Rajajinagar >>Rajarajeshwari Nagar >>Richmond Town >>Rpc Layout >>Sahakar Nagar Sanjivini Nagar >>Sanjay Nagar >>Seshadrinagar >>Silicon City College >>Vidyaranyapura >>Vignana Nagar >>Virgo Nagar >>Visveswarapuram >>Whitefield >>Yashwantpur Ssi >>Yelahanka

MICR code for Bank Of India Milk Colony

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 Milk Colony 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 Milk Colony branch. MICR code for Milk Colony 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 Milk Colony is presented in the table alongside.

Use of BOI MICR code for Milk Colony branch in bangalore

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