Bank Of India Ranaghat Nadia West Bengal MICR CODE

Find MICR Codes for Bank Of India Ranaghat Nadia 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 Urban Ranaghat
Contact Shri Amit Kumar Datta Mob 9874539176
Bank Details Bank Of India Urban Ranaghat BKID0004079
Location Ranaghat, Nadia
City Ranaghat
District Nadia
State West Bengal
Pincode 741232
Country IN
Address Bank of india, urban ranaghat branch, cooper's notified area, ward no. 07, p.o. Cooper's camp, ranaghat distt. Nadia west bengal 741 232
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 Urban Ranaghat 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, Urban Ranaghat branch makes the system almost error free and faster. Use of BOI MICR codes for Urban Ranaghat branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of India are available with micr code -

>>Nokari >>Ranaghat >>Urban Ranaghat

MICR code for Bank Of India Urban Ranaghat

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 Urban Ranaghat 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 Urban Ranaghat branch. MICR code for Urban Ranaghat 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 Urban Ranaghat is presented in the table alongside.

Use of BOI MICR code for Urban Ranaghat branch in ranaghat

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