Bank Of India Bhubaneswar Khurda Orissa MICR CODE

Find MICR Codes for Bank Of India Bhubaneswar Khurda Orissa

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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	Samantrapur
Contact
Bank Details	Bank Of India Samantrapur BKID0005134

Location	Bhubaneswar, Khurda
City	Bhubaneswar
District	Khurda
State	Orissa
Pincode	751002
Country	IN
Address	Plot no 985 friends complex samantrapur chhak bhubaneswar 751002

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 Samantrapur 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, Samantrapur branch makes the system almost error free and faster. Use of BOI MICR codes for Samantrapur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Bank Of India are available with micr code -

>>Aiims Bhubaneswar >>Barimunda >>Bhubaneshwar >>Bhubaneshwar Service >>Bhubaneshwar Ssi >>Bhubaneswar Mid Corporate >>Buddheswari Colony >>Chakeisiani >>Chandaka Industrial Complex >>Hanspal >>Jayadev Vihar >>Kalinga Vihar >>Kalpana Square >>Kapil Prasad Market Complex >>Kharvel Nagar >>Kiit University >>Patia >>Pokhariput >>Sailashree Vihar >>Samantrapur >>Sastri Nagar >>Satya Vihar >>Shahid Nagar >>Stpi Bhubaneswar >>Sum Hospital >>Vss Nagar

MICR code for Bank Of India Samantrapur

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

Use of BOI MICR code for Samantrapur branch in bhubaneswar

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