Bank Of India Araria Bihar Araria Bihar Bihar MICR CODE

Find MICR Codes for Bank Of India Araria Bihar Araria Bihar Bihar

Bank	↻ Reload
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	Araria
Contact	91-9638576428
Bank Details	Bank Of India Araria BKID0005848

Location	Araria Bihar, Araria Bihar
City	Araria Bihar
District	Araria Bihar
State	Bihar
Pincode	854311
Country	IN
Address	Praveen marketatbus stand roadpo araria distararia

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

>>Araria

MICR code for Bank Of India Araria

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

Use of BOI MICR code for Araria branch in araria bihar

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

Copied!