Bank Of India Mysore Mysore Karnataka MICR CODE

Find MICR Codes for Bank Of India Mysore Mysore Karnataka

Bank	↻ Reload
State
District
City
Branch
Address

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	Mysore
Contact	Mr. Amlesh Das
Bank Details	Bank Of India Mysore BKID0008410

Location	Mysore, Mysore
City	Mysore
District	Mysore
State	Karnataka
Pincode	570001
Country	IN
Address	Mysore,187/a sardarpatel road,old bank road,mysore,570001,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 Mysore 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, Mysore branch makes the system almost error free and faster. Use of BOI MICR codes for Mysore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of India are available with micr code -

>>Bogadi Ii Stage >>Kotehundi >>Kuvempunagar >>Mysore >>Udaygiri

MICR code for Bank Of India Mysore

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

Use of BOI MICR code for Mysore branch in mysore

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

Copied!