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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 of BOI, branch makes the system almost error free and faster. Use of BOI MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.
>>Chhatarpur >>Mpgb Alipura >>Mpgb Angore >>Mpgb Bachhon >>Mpgb Bada Malhera >>Mpgb Bajana >>Mpgb Bamitha >>Mpgb Bamnorakalan >>Mpgb Bandha >>Mpgb Barethi >>Mpgb Barigarh >>Mpgb Baxwaha >>Mpgb Bhagawan >>Mpgb Bijawar >>Mpgb Chandala >>Mpgb Chandranagar >>Mpgb Chhatarpur >>Mpgb Civil Lines Chhatarpur >>Mpgb Dumara >>Mpgb Gadi Malahara >>Mpgb Garroli >>Mpgb Ghuwara >>Mpgb Gorihar >>Mpgb Gram Ganj >>Mpgb Gulganj >>Mpgb Harpalpur >>Mpgb Ishanagar >>Mpgb Karri >>Mpgb Khajuraho >>Mpgb Kishanghar >>Mpgb Lakhanguan >>Mpgb Loundi >>Mpgb Lugasi >>Mpgb Maharajpur >>Mpgb Mandi Road Nowgong >>Mpgb Matguwa >>Mpgb Mau Sahaniya >>Mpgb Moraha >>Mpgb Naugawan >>Mpgb Niwari >>Mpgb Nowgaon Road >>Mpgb Pahra >>Mpgb Panautha >>Mpgb Pipat >>Mpgb Rajnagar >>Mpgb Rampur >>Mpgb Ro Chhatarpur >>Mpgb Sagar Road Chhatarpur >>Mpgb Salaiya >>Mpgb Sanjay Nagar >>Mpgb Sarawai >>Mpgb Satai >>Mpgb Tattam >>Mpgb Udaipura >>Mpgb Ujra >>Mpgb Vikrampur
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 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. is the MICR code of Bank Of India for branch. MICR code for 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 is presented in the table alongside.
The MICR code is used in RBI cheque clearing process to identify the 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.