Bank Of India Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for Bank Of India Faridabad Faridabad Haryana

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Eccb Faridabad
Contact 129-9830202345
Bank Details Bank Of India Eccb Faridabad BKID0006764
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address 3h/106, b.k. Gurugram road, nit faridabad
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 Eccb Faridabad 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, Eccb Faridabad branch makes the system almost error free and faster. Use of BOI MICR codes for Eccb Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bank Of India are available with micr code -

>>Eccb Faridabad >>Faridabad >>Faridabad >>Faridabad >>Faridabad Mcb >>Faridabad Sector 21 >>Faridabad Ssi >>Nachauli >>Sotai

MICR code for Bank Of India Eccb Faridabad

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 Eccb Faridabad 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 Eccb Faridabad branch. MICR code for Eccb Faridabad 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 Eccb Faridabad is presented in the table alongside.

Use of BOI MICR code for Eccb Faridabad branch in faridabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Eccb Faridabad 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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