Bank Of India Religara Hazaribag Jharkhand MICR CODE

Find MICR Codes for Bank Of India Religara Hazaribag Jharkhand

Bank	↻ Reload
State
District
City
Branch
Address

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	Religara
Contact	Mr. Baldeo Toppo-094303-45210
Bank Details	Bank Of India Religara BKID0004856

Location	Religara, Hazaribag
City	Religara
District	Hazaribag
State	Jharkhand
Pincode	829124
Country	IN
Address	At/po-religara, dist-hazaribag-829124

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

>>Religara

MICR code for Bank Of India Religara

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

Use of BOI MICR code for Religara branch in religara

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

Copied!