Bank Of India Poigai Vellore Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India Poigai Vellore Tamil Nadu

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MICR Code	-NA-
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	Poigai
Contact	9841498921
Bank Details	Bank Of India Poigai BKID0008372

Location	Poigai, Vellore
City	Poigai
District	Vellore
State	Tamil Nadu
Pincode	632114
Country	IN
Address	No 2 mariamman koil streete poigai village vellore district pin 632 114

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

>>Poigai

MICR code for Bank Of India Poigai

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 Poigai 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 Poigai branch. MICR code for Poigai 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 Poigai is presented in the table alongside.

Use of BOI MICR code for Poigai branch in poigai

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