Bank Of India Ashoknagar Ashoknagar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Ashoknagar Ashoknagar 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 Dhakoni
Contact	91-9691685511
Bank Details	Bank Of India Mpgb Dhakoni BKID0MG2506

Location	Ashoknagar, Ashoknagar
City	Ashoknagar
District	Ashoknagar
State	Madhya Pradesh
Pincode	473535
Country	IN
Address	Vill post dhakoni tehessagarh district ashoknagar 473535

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

A total of 18 branches of Bank Of India are available with micr code -

>>Mpgb Ashoknagar >>Mpgb Athaikheda >>Mpgb Bahadurpur >>Mpgb Bamnawar >>Mpgb Barkhedi >>Mpgb Chanderi >>Mpgb Dhakoni >>Mpgb Issagarh >>Mpgb Mahidpur >>Mpgb Malhargarh >>Mpgb Mungawali >>Mpgb Nai Saray >>Mpgb Piprai >>Mpgb Pranpura >>Mpgb Sahrai >>Mpgb Shadora >>Mpgb Thoobon >>Mpgb Vidisha Road Ashoknagar

MICR code for Bank Of India Mpgb Dhakoni

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 Dhakoni 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 Dhakoni branch. MICR code for Mpgb Dhakoni 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 Dhakoni is presented in the table alongside.

Use of BOI MICR code for Mpgb Dhakoni branch in ashoknagar

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