Bank Of India Tumkur Tumkur Karnataka MICR CODE

Find MICR Codes for Bank Of India Tumkur Tumkur Karnataka

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State
District
City
Branch
Address

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	Tiptur Branch
Contact	K Shesha Shayana Shayee, Mob. No. 9739212210
Bank Details	Bank Of India Tiptur Branch BKID0008468

Location	Tumkur, Tumkur
City	Tumkur
District	Tumkur
State	Karnataka
Pincode	572201
Country	IN
Address	Bank of india, tiptur branch, n h 206, ward no 9, s n r.garden, b h road, tiptur pin: 572 201

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

A total of 2 branches of Bank Of India are available with micr code -

>>Tiptur Branch >>Tumkur

MICR code for Bank Of India Tiptur Branch

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 Tiptur Branch 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 Tiptur Branch branch. MICR code for Tiptur Branch 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 Tiptur Branch is presented in the table alongside.

Use of BOI MICR code for Tiptur Branch branch in tumkur

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