Bank Of India Seoni Seoni Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Seoni Seoni Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	480653540
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	Dharna
Contact	91-8989488865
Bank Details	Bank Of India Dharna BKID0MG8059

Location	Seoni, Seoni
City	Seoni
District	Seoni
State	Madhya Pradesh
Pincode
Country	IN
Address	P.o.dharna tehbarghat,disttseoni

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 480653540 for Dharna 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 480653540 of BOI, Dharna branch makes the system almost error free and faster. Use of BOI MICR codes for Dharna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Bank Of India are available with micr code -

>>Adegaon >>Badalpar >>Bandol >>Barghat >>Bhoma >>Chamari >>Chhapara >>Dhanora >>Dharna >>Dhuma >>Gangerua >>Ghansaur >>Gopalganj >>Keolari >>Khawasa >>Kurrai >>Lakhnadaun >>Lakhnadoun >>Manglipeth >>Mohgaon >>Mungwani >>Palari >>Pandiya Chhapara >>Piperdahi >>Seoni >>Seoni >>Shikara >>Ugali

MICR code for Bank Of India Dharna

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 Dharna 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. 480653540 is the MICR code of Bank Of India for Dharna branch. MICR code for Dharna 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 Dharna is presented in the table alongside.

Use of BOI MICR code for Dharna branch in seoni

The MICR code 480653540 is used in RBI cheque clearing process to identify the branch Dharna 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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