Bank Of India Tarapur Munger Bihar MICR CODE

Find MICR Codes for Bank Of India Tarapur Munger Bihar

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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	Tarapur
Contact	Br Mgr 09279543975
Bank Details	Bank Of India Tarapur BKID0005837

Location	Tarapur, Munger
City	Tarapur
District	Munger
State	Bihar
Pincode	813321
Country	IN
Address	Bank of india tarapur branch at:-shri arjun market main road, tarapur po:-tarapur, dist:-mungerstate:-bihar, pin:-813321

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

>>Tarapur

MICR code for Bank Of India Tarapur

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

Use of BOI MICR code for Tarapur branch in tarapur

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