Bank Of India Satgachia Barddhaman West Bengal MICR CODE

Find MICR Codes for Bank Of India Satgachia Barddhaman West Bengal

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Satgachia
Contact P.K.Mondal Manager-Mob No.009474173647
Bank Details Bank Of India Satgachia BKID0004236
Location Satgachia, Barddhaman
City Satgachia
District Barddhaman
State West Bengal
Pincode 713422
Country IN
Address At & p.o - satgachia, dist - burdwan pin-713422 tel no. 03422700231
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.

Search Bank Of India MICR Codes in barddhaman

You can search through MICR Codes of West Bengal branches in satgachia of District barddhaman in West Bengal State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Satgachia

How to find MICR codes for Bank Of India in satgachia?

Bank Of India satgachia MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for satgachia, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India satgachia branches.

BOI MICR code in satgachia

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for satgachia branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in satgachia, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for satgachia branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India satgachia branch, sprinted 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. Thus MICR code for BOI satgachia branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for satgachia branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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