Bank Of India Digboi Tinsukia Assam MICR CODE

Find MICR Codes for Bank Of India Digboi Tinsukia Assam

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Digboi
Contact Bm Mgr 9864994607
Bank Details Bank Of India Digboi BKID0005014
Location Digboi, Tinsukia
City Digboi
District Tinsukia
State Assam
Pincode 786171
Country IN
Address Tamuli complex,jyoti nagar,borbil no-1 jyoti path,dist-tinsukia po- digboi assam-786171
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 786013402 for Digboi 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 786013402 of BOI, Digboi branch makes the system almost error free and faster. Use of BOI MICR codes for Digboi 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 -

>>Digboi

MICR code for Bank Of India Digboi

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 Digboi 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. 786013402 is the MICR code of Bank Of India for Digboi branch. MICR code for Digboi 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 Digboi is presented in the table alongside.

Use of BOI MICR code for Digboi branch in digboi

The MICR code 786013402 is used in RBI cheque clearing process to identify the branch Digboi 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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