Bank Of India Coimbatore Coimbatore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India Coimbatore Coimbatore Tamil Nadu

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MICR Code	641013017
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	Peelamedu
Contact	0
Bank Details	Bank Of India Peelamedu BKID0008243

Location	Coimbatore, Coimbatore
City	Coimbatore
District	Coimbatore
State	Tamil Nadu
Pincode	641004
Country	IN
Address	Sf no. 289 ssn square door no. 84 pudur mariamman koil road peelamedu tamilnadu 641004

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 641013017 for Peelamedu 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 641013017 of BOI, Peelamedu branch makes the system almost error free and faster. Use of BOI MICR codes for Peelamedu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Bank Of India are available with micr code -

>>Bharatiyar University >>Coimbatore Asset Recovery >>Coimbatore Corporate Banking Branch >>Coimbatore Main >>Coimbatore Retail Hub >>Coimbatore Service Branch. >>Coimbatore Zonal Office >>Gandhipuram >>Kuruchi Ind Estate >>Peelamedu >>Perur >>R N Puram >>R S Puram >>Sai Baba Colony >>Saravanampatti >>Somayampalayam(Bharatiyar University) >>Sulur >>Vellalur

MICR code for Bank Of India Peelamedu

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 Peelamedu 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. 641013017 is the MICR code of Bank Of India for Peelamedu branch. MICR code for Peelamedu 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 Peelamedu is presented in the table alongside.

Use of BOI MICR code for Peelamedu branch in coimbatore

The MICR code 641013017 is used in RBI cheque clearing process to identify the branch Peelamedu 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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