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Bank Of India Tadong East Sikkim Sikkim MICR CODE

Find MICR Codes for Bank Of India Tadong East Sikkim Sikkim

Bank
State
District
City
Branch
Address

MICR Code	737013003
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Tadong
Contact
Bank Details	Bank Of India Tadong BKID0005079

Location	Tadong, East Sikkim
City	Tadong
District	East Sikkim
State	Sikkim
Pincode	737101
Country	IN
Address	Deki khangsar house, m p golai middle tadong, gangtok, district east sikkim-737101

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 737013003 for Tadong 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 737013003 of BOI, Tadong branch makes the system almost error free and faster. Use of BOI MICR codes for Tadong 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 -

>>Tadong

MICR code for Bank Of India Tadong

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 Tadong 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. 737013003 is the MICR code of Bank Of India for Tadong branch. MICR code for Tadong 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 Tadong is presented in the table alongside.

Use of BOI MICR code for Tadong branch in tadong

The MICR code 737013003 is used in RBI cheque clearing process to identify the branch Tadong 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.