Bank Of India Panchkula Panchkula Haryana MICR CODE

Find MICR Codes for Bank Of India Panchkula Panchkula Haryana

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchkula
Contact Shri Sistla Ramakrishna, Manager, Tel: 08626- 241895
Bank Details Bank Of India Panchkula BKID0006714
Location Panchkula, Panchkula
City Panchkula
District Panchkula
State Haryana
Pincode 134109
Country IN
Address Panchkula,scf 264 sector 16,panchkula amabala,ambala,134109,haryana
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Panchkula Sector 20
Contact Shri V.Peddinity, Manager, Tel: 0883-444269
Bank Details Bank Of India Panchkula Sector 20 BKID0006715
Location Panchkula, Panchkula
City Panchkula
District Panchkula
State Haryana
Pincode 134114
Country IN
Address Panchakula sector 20,sco 290,panchkula,panchkula haryana,134114,haryana
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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 panchkula

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

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

>>Panchkula >>Panchkula >>Panchkula Sector 20

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

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

BOI MICR code in panchkula

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for panchkula 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 panchkula, 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 panchkula 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 panchkula 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 panchkula branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for panchkula 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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