Bank Of India Pedana Krishna Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Pedana Krishna Andhra Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	520013782
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	Pedana
Contact	Mr.Bjnbk Srinivas Mob:8121336495
Bank Details	Bank Of India Pedana BKID0005691

Location	Pedana, Krishna
City	Pedana
District	Krishna
State	Andhra Pradesh
Pincode	521366
Country	IN
Address	D.no:13/65, gudur rasta, pedana 521366 krishna dist. Andhra pradesh

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 520013782 for Pedana 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 520013782 of BOI, Pedana branch makes the system almost error free and faster. Use of BOI MICR codes for Pedana 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 -

>>Pedana

MICR code for Bank Of India Pedana

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 Pedana 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. 520013782 is the MICR code of Bank Of India for Pedana branch. MICR code for Pedana 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 Pedana is presented in the table alongside.

Use of BOI MICR code for Pedana branch in pedana

The MICR code 520013782 is used in RBI cheque clearing process to identify the branch Pedana 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!