Bank Of India Muktsar Muktsar Punjab MICR CODE

Find MICR Codes for Bank Of India Muktsar Muktsar Punjab

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mukatsar
Contact Mr.C.L. Aggarwal, Phone No.01633-261248
Bank Details Bank Of India Mukatsar BKID0006330
Location Muktsar, Muktsar
City Muktsar
District Muktsar
State Punjab
Pincode 152026
Country IN
Address Tower building, kotkapura road, mukatsar -152026 (punjab)
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gidderbaha
Contact 9876776608;1637200000
Bank Details Bank Of India Gidderbaha BKID0006319
Location Muktsar, Muktsar
City Muktsar
District Muktsar
State Punjab
Pincode 152101
Country IN
Address Bank of india gidderbaha branch circular road gidderbaha distt shri muktsar sahib punjab 152101
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.

Search Bank Of India MICR Codes in muktsar

You can search through MICR Codes of Punjab branches in muktsar of District muktsar in Punjab State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 2 branches of Bank Of India are available with micr code -

>>Gidderbaha >>Mukatsar

How to find MICR codes for Bank Of India in muktsar?

Bank Of India muktsar MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for muktsar, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India muktsar branches.

BOI MICR code in muktsar

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for muktsar branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in muktsar, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for muktsar branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India muktsar branch, sprinted 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. Thus MICR code for BOI muktsar branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for muktsar branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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