Bank Of India Amaravati Mozari Maharashtra MICR CODE

Find MICR Codes for Bank Of India Amaravati Mozari Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mozari
Contact 7225-7225224225
Bank Details Bank Of India Mozari BKID0VG7051
Location Amaravati, Mozari
City Amaravati
District Mozari
State Maharashtra
Pincode
Country IN
Address Vidharba konkan gramin bank mozari branch co shri kapil swami nirgun ward no1 opp state bank of india ap gurudevnagar mozari tal tiwasa dist amravati
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 Mozari 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, Mozari branch makes the system almost error free and faster. Use of BOI MICR codes for Mozari 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 -

>>Mozari

MICR code for Bank Of India Mozari

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

Use of BOI MICR code for Mozari branch in amaravati

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