Bank Of India Hyderabad Hyderabad Telangana MICR CODE

Find MICR Codes for Bank Of India Hyderabad Hyderabad Telangana

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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	Nbg South Ii
Contact	500004-4029325562
Bank Details	Bank Of India Nbg South Ii BKID000NB46

Location	Hyderabad, Hyderabad
City	Hyderabad
District	Hyderabad
State	Telangana
Pincode
Country	IN
Address	10 1 1199 2 pti building third floor ac guards masab tank

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

A total of 3 branches of Bank Of India are available with micr code -

>>Nbg South Ii >>Telangana Zonal Office >>Zonal Centralised Operations Department

MICR code for Bank Of India Nbg South Ii

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 Nbg South Ii 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 Nbg South Ii branch. MICR code for Nbg South Ii 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 Nbg South Ii is presented in the table alongside.

Use of BOI MICR code for Nbg South Ii branch in hyderabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Nbg South Ii 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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