Bank Of India Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Bank Of India Kolkata Kolkata 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 Unnayan Bhawan
Contact Jagannath Balasubramaniam ( Officer),22753401,P.P.Gogia (Officer),22790235
Bank Details Bank Of India Unnayan Bhawan BKID0004056
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700064
Country IN
Address Bank of india,unnayan bhawan branch, dj-11, sector -ii,salt lake, kolkata - 700064 tele no : 033 23595105
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 Unnayan Bhawan 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, Unnayan Bhawan branch makes the system almost error free and faster. Use of BOI MICR codes for Unnayan Bhawan branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Unnayan Bhawan

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 Unnayan Bhawan 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 Unnayan Bhawan branch. MICR code for Unnayan Bhawan 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 Unnayan Bhawan is presented in the table alongside.

Use of BOI MICR code for Unnayan Bhawan branch in kolkata

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