Bank Of India Amravati Amravati Maharashtra MICR CODE

Find MICR Codes for Bank Of India Amravati Amravati Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rukhmini Nagar
Contact 91-9096063333
Bank Details Bank Of India Rukhmini Nagar BKID0009738
Location Amravati, Amravati
City Amravati
District Amravati
State Maharashtra
Pincode 444606
Country IN
Address 3rd lane, near daily dose medical, rukhmini nagar, amravati, pin 444606
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 Rukhmini Nagar 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, Rukhmini Nagar branch makes the system almost error free and faster. Use of BOI MICR codes for Rukhmini Nagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 5 branches of Bank Of India are available with micr code -

>>Achalpur >>Amravati >>Deorankar Nagar >>Rukhmini Nagar >>Vmv Road

MICR code for Bank Of India Rukhmini Nagar

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 Rukhmini Nagar 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 Rukhmini Nagar branch. MICR code for Rukhmini Nagar 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 Rukhmini Nagar is presented in the table alongside.

Use of BOI MICR code for Rukhmini Nagar branch in amravati

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