Bank Of India North Lakhimpur Lakhimpur Assam MICR CODE

Find MICR Codes for Bank Of India North Lakhimpur Lakhimpur Assam

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MICR Code	787013002
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	North Lakhimpur
Contact	Br Mgr 8794272330
Bank Details	Bank Of India North Lakhimpur BKID0005035

Location	North Lakhimpur, Lakhimpur
City	North Lakhimpur
District	Lakhimpur
State	Assam
Pincode	787001
Country	IN
Address	C.d. Road ward no-3 po- north lakhimpur dist- north lakhimpur assam-787001

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 787013002 for North Lakhimpur 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 787013002 of BOI, North Lakhimpur branch makes the system almost error free and faster. Use of BOI MICR codes for North Lakhimpur 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 -

>>North Lakhimpur

MICR code for Bank Of India North Lakhimpur

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 North Lakhimpur 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. 787013002 is the MICR code of Bank Of India for North Lakhimpur branch. MICR code for North Lakhimpur 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 North Lakhimpur is presented in the table alongside.

Use of BOI MICR code for North Lakhimpur branch in north lakhimpur

The MICR code 787013002 is used in RBI cheque clearing process to identify the branch North Lakhimpur 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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