Bank Of India Damoh Damoh Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Damoh Damoh Madhya Pradesh

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MICR Code	-NA-
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	Mpgb Bandakpur
Contact	91-7898654126
Bank Details	Bank Of India Mpgb Bandakpur BKID0MG1720

Location	Damoh, Damoh
City	Damoh
District	Damoh
State	Madhya Pradesh
Pincode	470664
Country	IN
Address	Vill bandakpur, teh.damoh district damoh 470664

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 0 for Mpgb Bandakpur 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 0 of BOI, Mpgb Bandakpur branch makes the system almost error free and faster. Use of BOI MICR codes for Mpgb Bandakpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 30 branches of Bank Of India are available with micr code -

>>Damoh >>Mpgb Abhana >>Mpgb Banawar >>Mpgb Bandakpur >>Mpgb Bangawn >>Mpgb Batiyagarh >>Mpgb Damoh >>Mpgb Fatehpur >>Mpgb Futerakala >>Mpgb Gaisabad >>Mpgb Hatta >>Mpgb Hridaypur >>Mpgb Jabera >>Mpgb Jhalon >>Mpgb Kalhara Kheda >>Mpgb Killai Naka Damoh >>Mpgb Kishunganj >>Mpgb Kumhari >>Mpgb Madhiyado >>Mpgb Narsinghgarh >>Mpgb Nohata >>Mpgb Patera >>Mpgb Pathariya >>Mpgb Purana Thana >>Mpgb Raneh >>Mpgb Ro Damoh >>Mpgb Singrampur >>Mpgb Taradehi >>Mpgb Tejgarh >>Mpgb Tendukheda

MICR code for Bank Of India Mpgb Bandakpur

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 Mpgb Bandakpur 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. 0 is the MICR code of Bank Of India for Mpgb Bandakpur branch. MICR code for Mpgb Bandakpur 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 Mpgb Bandakpur is presented in the table alongside.

Use of BOI MICR code for Mpgb Bandakpur branch in damoh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Mpgb Bandakpur 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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