Bank Of India Pifa Bazar North 24 Parganas West Bengal MICR CODE

Find MICR Codes for Bank Of India Pifa Bazar North 24 Parganas West Bengal

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pifa Bazar
Contact 03217-265407
Bank Details Bank Of India Pifa Bazar BKID0004338
Location Pifa Bazar, North 24 Parganas
City Pifa Bazar
District North 24 Parganas
State West Bengal
Pincode 743422
Country IN
Address P.o. Pifa bazar dist north 24 parganas west bengal pin 743422
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 Pifa Bazar 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, Pifa Bazar branch makes the system almost error free and faster. Use of BOI MICR codes for Pifa Bazar 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 -

>>Pifa Bazar

MICR code for Bank Of India Pifa Bazar

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 Pifa Bazar 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 Pifa Bazar branch. MICR code for Pifa Bazar 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 Pifa Bazar is presented in the table alongside.

Use of BOI MICR code for Pifa Bazar branch in pifa bazar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Pifa Bazar 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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