Bank Of India Vinukonda Guntur Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Vinukonda Guntur Andhra Pradesh

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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	Vinukonda
Contact	B Krishna Rao , 9492167560
Bank Details	Bank Of India Vinukonda BKID0005677

Location	Vinukonda, Guntur
City	Vinukonda
District	Guntur
State	Andhra Pradesh
Pincode	522467
Country	IN
Address	Dal & oil mills owners association , door no 30 504/5 , vinukonda post , guntur dist , andhra pradesh , pin 522467

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

>>Vinukonda

MICR code for Bank Of India Vinukonda

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

Use of BOI MICR code for Vinukonda branch in vinukonda

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