Bank Of India Cuttack Cuttack Orissa MICR CODE

Find MICR Codes for Bank Of India Cuttack Cuttack Orissa

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kuhunda
Contact
Bank Details Bank Of India Kuhunda BKID0005588
Location Cuttack, Cuttack
City Cuttack
District Cuttack
State Orissa
Pincode 754204
Country IN
Address At/po-kuhunda, dist-cuttack, odisha-754204
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 Kuhunda 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, Kuhunda branch makes the system almost error free and faster. Use of BOI MICR codes for Kuhunda branch, makes the characters readable even if there are other marks and stamps on it.

A total of 11 branches of Bank Of India are available with micr code -

>>Anand Bazar >>Biju Pattanaik Park >>Chauliaganj >>College Square >>Cuttack >>Goplapur >>Kandarpur >>Kendupali >>Kuhunda >>Mahanadi Vihar >>Ranihat

MICR code for Bank Of India Kuhunda

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

Use of BOI MICR code for Kuhunda branch in cuttack

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