Bank Of India Itanagar Papumpare Arunachal Pradesh MICR CODE

Find MICR Codes for Bank Of India Itanagar Papumpare Arunachal Pradesh

Bank
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	Itanagar
Contact	Branh Phone No-0360-2292348
Bank Details	Bank Of India Itanagar BKID0005045

Location	Itanagar, Papumpare
City	Itanagar
District	Papumpare
State	Arunachal Pradesh
Pincode	791113
Country	IN
Address	T.m.building, ganga market, city-itanagar, dist-papum pare, arunachal pradesh, pin-791113

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

>>Itanagar

MICR code for Bank Of India Itanagar

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

Use of BOI MICR code for Itanagar branch in itanagar

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