Bank Of India Vidisha Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Vidisha Vidisha Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	464653535
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	Layra
Contact	91-9993171863
Bank Details	Bank Of India Layra BKID0MG7067

Location	Vidisha, Vidisha
City	Vidisha
District	Vidisha
State	Madhya Pradesh
Pincode	464224
Country	IN
Address	Branch layara tehsil taluka kurwai block mandal kurwai district vidisha464224

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 464653535 for Layra 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 464653535 of BOI, Layra branch makes the system almost error free and faster. Use of BOI MICR codes for Layra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Bank Of India are available with micr code -

>>Baagri >>Basoda >>Civil Lines >>Ganj >>Gulabganj >>Gurod >>Hansua >>Hathoda >>Khamkheda >>Kurwai >>Lateri >>Layra >>Mahlua Chouraha >>Shamshabad >>Sihora >>Sirnota >>Sironj >>Sojana >>Udaypur >>Vidisha >>Vidisha

MICR code for Bank Of India Layra

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 Layra 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. 464653535 is the MICR code of Bank Of India for Layra branch. MICR code for Layra 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 Layra is presented in the table alongside.

Use of BOI MICR code for Layra branch in vidisha

The MICR code 464653535 is used in RBI cheque clearing process to identify the branch Layra 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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