Bank Of India Kanker Kanker Chhattisgarh MICR CODE

Find MICR Codes for Bank Of India Kanker Kanker Chhattisgarh

Bank
State
District
City
Branch
Address

MICR Code	494013101
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	Kanker
Contact	07868-222143
Bank Details	Bank Of India Kanker BKID0009365

Location	Kanker, Kanker
City	Kanker
District	Kanker
State	Chhattisgarh
Pincode	494334
Country	IN
Address	Raza complex nh-43 sheetalapara kanker (c.g.) pin 494334

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 494013101 for Kanker 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 494013101 of BOI, Kanker branch makes the system almost error free and faster. Use of BOI MICR codes for Kanker 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 -

>>Kanker

MICR code for Bank Of India Kanker

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 Kanker 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. 494013101 is the MICR code of Bank Of India for Kanker branch. MICR code for Kanker 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 Kanker is presented in the table alongside.

Use of BOI MICR code for Kanker branch in kanker

The MICR code 494013101 is used in RBI cheque clearing process to identify the branch Kanker 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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