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Bank Of America Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for Bank Of America Bangalore Bangalore Urban Karnataka

MICR Code
Bank Bank Of America
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bank Of America Bangalore
Contact Rajiv Ranjan
Bank Details Bank Of America Bank Of America Bangalore BOFA0BG3978
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560098
Country IN
Address 29 m.g. Road, 9th floor, bangalore,1
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 560032001 for Bank Of America Bangalore 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 560032001 of Bank Of America India, Bank Of America Bangalore branch makes the system almost error free and faster. Use of Bank Of America India MICR codes for Bank Of America Bangalore branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of America are available with micr code -

>>Bank Of America Bangalore

MICR code for Bank Of America Bank Of America Bangalore

Bank Of America MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of America India MICR code for Bank Of America Bangalore 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. 560032001 is the MICR code of BOA Bank for Bank Of America Bangalore branch. MICR code for Bank Of America Bangalore 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 Bank Of America India Bank Of America Bangalore is presented in the table alongside.

Use of Bank Of America India MICR code for Bank Of America Bangalore branch in bangalore

The MICR code 560032001 is used in RBI cheque clearing process to identify the branch Bank Of America Bangalore and Bank Of America India 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 BOA Bank is typically in either of these two font’s: E-138 and CMC-7.