Bank Of India Rukhmininagar Amaravati Maharashtra MICR CODE

Find MICR Codes for Bank Of India Rukhmininagar Amaravati Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rukhmininagar
Contact 721-2540880
Bank Details Bank Of India Rukhmininagar BKID0VG6057
Location Rukhmininagar, Amaravati
City Rukhmininagar
District Amaravati
State Maharashtra
Pincode 444601
Country IN
Address Vidharbha konkan gramin bank rukhmininagar branch shirbhate mangal karyalaya main road mot c o balasaheb govindrao shirbhate survey amravati tq dist amravati 444601
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 444843102 for Rukhmininagar 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 444843102 of BOI, Rukhmininagar branch makes the system almost error free and faster. Use of BOI MICR codes for Rukhmininagar 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 -

>>Rukhmininagar

MICR code for Bank Of India Rukhmininagar

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 Rukhmininagar 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. 444843102 is the MICR code of Bank Of India for Rukhmininagar branch. MICR code for Rukhmininagar 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 Rukhmininagar is presented in the table alongside.

Use of BOI MICR code for Rukhmininagar branch in rukhmininagar

The MICR code 444843102 is used in RBI cheque clearing process to identify the branch Rukhmininagar 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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