Bank Of India Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India Salem Salem Tamil Nadu

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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	Uthamasolapuram
Contact	Phone 0427-2914200
Bank Details	Bank Of India Uthamasolapuram BKID0008291

Location	Salem, Salem
City	Salem
District	Salem
State	Tamil Nadu
Pincode	636010
Country	IN
Address	Vsa school of engineering & school of management, nh 47, uthamasolapuram post, salemdistrict, tamil nadu pin-636010

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

>>Salem >>Swarnapuri >>Uthamasolapuram

MICR code for Bank Of India Uthamasolapuram

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

Use of BOI MICR code for Uthamasolapuram branch in salem

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