Bank Of India Chamoli Karnaprayag Uttrakhand MICR CODE

Find MICR Codes for Bank Of India Chamoli Karnaprayag Uttrakhand

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Karnaprayag Branch
Contact 91-8954719790
Bank Details Bank Of India Karnaprayag Branch BKID0007061
Location Chamoli, Karnaprayag
City Chamoli
District Karnaprayag
State Uttrakhand
Pincode 246446
Country IN
Address Karnaprayag, near karn mandir, bhaidgaon pargana, karnaprayag, chamoli, uttarakhand 246446
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 Karnaprayag Branch 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, Karnaprayag Branch branch makes the system almost error free and faster. Use of BOI MICR codes for Karnaprayag Branch 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 -

>>Karnaprayag Branch

MICR code for Bank Of India Karnaprayag Branch

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 Karnaprayag Branch 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 Karnaprayag Branch branch. MICR code for Karnaprayag Branch 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 Karnaprayag Branch is presented in the table alongside.

Use of BOI MICR code for Karnaprayag Branch branch in chamoli

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