Bank Of India Ratanpur Bankura West Bengal MICR CODE

Find MICR Codes for Bank Of India Ratanpur Bankura 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 Ratanpur
Contact Mr. T.Bera ,Mob - 09932636764
Bank Details Bank Of India Ratanpur BKID0004261
Location Ratanpur, Bankura
City Ratanpur
District Bankura
State West Bengal
Pincode 722152
Country IN
Address At & p.o - ratanpur, dist-bankura,west bengal
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.

Search Bank Of India MICR Codes in bankura

You can search through MICR Codes of West Bengal branches in ratanpur of District bankura in West Bengal State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Ratanpur

How to find MICR codes for Bank Of India in ratanpur?

Bank Of India ratanpur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for ratanpur, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India ratanpur branches.

BOI MICR code in ratanpur

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for ratanpur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in ratanpur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for ratanpur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India ratanpur branch, sprinted 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. Thus MICR code for BOI ratanpur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for ratanpur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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