Bank Of India Chirang Santipur Assam MICR CODE

Find MICR Codes for Bank Of India Chirang Santipur Assam

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salbari
Contact 91-7005531495
Bank Details Bank Of India Salbari BKID0005179
Location Chirang, Santipur
City Chirang
District Santipur
State Assam
Pincode
Country IN
Address Salbari santipur chirang
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 Salbari 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, Salbari branch makes the system almost error free and faster. Use of BOI MICR codes for Salbari 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 -

>>Salbari

MICR code for Bank Of India Salbari

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

Use of BOI MICR code for Salbari branch in chirang

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