Bank Of India Radhanagar(Raj) Sahebganj Jharkhand MICR CODE

Find MICR Codes for Bank Of India Radhanagar(Raj) Sahebganj Jharkhand

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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	Radhanagar (Raj)
Contact	Mr. N.K.Lal , Branch Manager
Bank Details	Bank Of India Radhanagar (Raj) BKID0004464

Location	Radhanagar(Raj), Sahebganj
City	Radhanagar(Raj)
District	Sahebganj
State	Jharkhand
Pincode	816101
Country	IN
Address	Vill. & po. Radhanagar , block - udhwa , via - barharwa, distt. Sahibganj, jharkhand-816 101.

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 Radhanagar (Raj) 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, Radhanagar (Raj) branch makes the system almost error free and faster. Use of BOI MICR codes for Radhanagar (Raj) 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 -

>>Radhanagar (Raj)

MICR code for Bank Of India Radhanagar (Raj)

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 Radhanagar (Raj) 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 Radhanagar (Raj) branch. MICR code for Radhanagar (Raj) 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 Radhanagar (Raj) is presented in the table alongside.

Use of BOI MICR code for Radhanagar (Raj) branch in radhanagar(raj)

The MICR code 0 is used in RBI cheque clearing process to identify the branch Radhanagar (Raj) 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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