Bank Of India Chhatarpur Delhi New Delhi MICR CODE

Find MICR Codes for Bank Of India Chhatarpur Delhi New Delhi

Bank
State
District
City
Branch
Address

MICR Code	110013111
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	Chhattarpur
Contact
Bank Details	Bank Of India Chhattarpur BKID0006073

Location	Chhatarpur, Delhi
City	Chhatarpur
District	Delhi
State	New Delhi
Pincode	110030
Country	IN
Address	40-41, main road, opp. Tivoli garden, chhattarpur

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 110013111 for Chhattarpur 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 110013111 of BOI, Chhattarpur branch makes the system almost error free and faster. Use of BOI MICR codes for Chhattarpur 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 -

>>Chhattarpur

MICR code for Bank Of India Chhattarpur

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 Chhattarpur 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. 110013111 is the MICR code of Bank Of India for Chhattarpur branch. MICR code for Chhattarpur 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 Chhattarpur is presented in the table alongside.

Use of BOI MICR code for Chhattarpur branch in chhatarpur

The MICR code 110013111 is used in RBI cheque clearing process to identify the branch Chhattarpur 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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