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Bank Of America Kolkata Kolkata West Bengal MICR CODE

Find MICR Codes for Bank Of America Kolkata Kolkata West Bengal

MICR Code
Bank Bank Of America
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bank Of America Kolkata
Contact Rajiv Ranjan
Bank Details Bank Of America Bank Of America Kolkata BOFA0CT6206
Location Kolkata, Kolkata
City Kolkata
District Kolkata
State West Bengal
Pincode 700071
Country IN
Address Block b 46 d jawaharlal nehru road calcutta, 71
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 700032001 for Bank Of America Kolkata 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 700032001 of Bank Of America India, Bank Of America Kolkata branch makes the system almost error free and faster. Use of Bank Of America India MICR codes for Bank Of America Kolkata branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of America are available with micr code -

>>Bank Of America Kolkata

MICR code for Bank Of America Bank Of America Kolkata

Bank Of America MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Bank Of America India MICR code for Bank Of America Kolkata 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. 700032001 is the MICR code of BOA Bank for Bank Of America Kolkata branch. MICR code for Bank Of America Kolkata 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 Bank Of America India Bank Of America Kolkata is presented in the table alongside.

Use of Bank Of America India MICR code for Bank Of America Kolkata branch in kolkata

The MICR code 700032001 is used in RBI cheque clearing process to identify the branch Bank Of America Kolkata and Bank Of America India 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 BOA Bank is typically in either of these two font’s: E-138 and CMC-7.