Bank Of India Thoubal Thoubal Manipur MICR CODE

Find MICR Codes for Bank Of India Thoubal Thoubal Manipur

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Thoubal
Contact Br Mgr 9435321653
Bank Details Bank Of India Thoubal BKID0005053
Location Thoubal, Thoubal
City Thoubal
District Thoubal
State Manipur
Pincode 795138
Country IN
Address Thoubal achouba ward no-8 po- police station manipur-795138 thoubal dist-thoubal near thoubal
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 795013502 for Thoubal 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 795013502 of BOI, Thoubal branch makes the system almost error free and faster. Use of BOI MICR codes for Thoubal 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 -

>>Thoubal

MICR code for Bank Of India Thoubal

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 Thoubal 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. 795013502 is the MICR code of Bank Of India for Thoubal branch. MICR code for Thoubal 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 Thoubal is presented in the table alongside.

Use of BOI MICR code for Thoubal branch in thoubal

The MICR code 795013502 is used in RBI cheque clearing process to identify the branch Thoubal 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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