Bank Of India Champa Janjgir Champa Chhattisgarh MICR CODE

Find MICR Codes for Bank Of India Champa Janjgir Champa Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	495013201
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	Banari
Contact	9479009820
Bank Details	Bank Of India Banari BKID0009467

Location	Champa, Janjgir Champa
City	Champa
District	Janjgir Champa
State	Chhattisgarh
Pincode	495671
Country	IN
Address	House of mr rahul agrawal village banari post janjgir dist janjgir champa state chhattisgarh

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 495013201 for Banari 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 495013201 of BOI, Banari branch makes the system almost error free and faster. Use of BOI MICR codes for Banari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>Banari >>Champa

MICR code for Bank Of India Banari

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 Banari 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. 495013201 is the MICR code of Bank Of India for Banari branch. MICR code for Banari 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 Banari is presented in the table alongside.

Use of BOI MICR code for Banari branch in champa

The MICR code 495013201 is used in RBI cheque clearing process to identify the branch Banari 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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