Bank Of India Razole East Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Razole East Godavari Andhra Pradesh

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MICR Code	533013662
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	Razole
Contact	Shri N. Venkateswara Rao, Branch Manager, Mob:9492667989
Bank Details	Bank Of India Razole BKID0005623

Location	Razole, East Godavari
City	Razole
District	East Godavari
State	Andhra Pradesh
Pincode	533242
Country	IN
Address	Satyavathi nilayam, door no. 1-161, old post office road,opp lic, razole-533 242

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 533013662 for Razole 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 533013662 of BOI, Razole branch makes the system almost error free and faster. Use of BOI MICR codes for Razole 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 -

>>Razole

MICR code for Bank Of India Razole

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 Razole 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. 533013662 is the MICR code of Bank Of India for Razole branch. MICR code for Razole 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 Razole is presented in the table alongside.

Use of BOI MICR code for Razole branch in razole

The MICR code 533013662 is used in RBI cheque clearing process to identify the branch Razole 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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