Bank Of India Tirupur Tirupur Tamil Nadu MICR CODE

Find MICR Codes for Bank Of India Tirupur Tirupur Tamil Nadu

↻ Reload
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kondarasampalayam
Contact 91-9894656452
Bank Details Bank Of India Kondarasampalayam BKID0008277
Location Tirupur, Tirupur
City Tirupur
District Tirupur
State Tamil Nadu
Pincode 638657
Country IN
Address Udumalai road, kondarasampalayam, chitravuthampalayam (post) , ellis nagar (via) , dharapuram, tirupur dist
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 Kondarasampalayam 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, Kondarasampalayam branch makes the system almost error free and faster. Use of BOI MICR codes for Kondarasampalayam branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of India are available with micr code -

>>Dharapuram Road >>Kondarasampalayam >>Vellakoil

MICR code for Bank Of India Kondarasampalayam

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

Use of BOI MICR code for Kondarasampalayam branch in tirupur

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

Copied!