Bank Of India Sagar Sagar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Sagar Sagar 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 Dhana
Contact	91-7999035243
Bank Details	Bank Of India Mpgb Dhana BKID0MG1602

Location	Sagar, Sagar
City	Sagar
District	Sagar
State	Madhya Pradesh
Pincode	470228
Country	IN
Address	Parsoria at post dhana district sagar 470228

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

A total of 45 branches of Bank Of India are available with micr code -

>>Makronia Buzurg >>Mpgb Agasaud >>Mpgb Bada Bazar Sagar >>Mpgb Banda >>Mpgb Bandari >>Mpgb Bara >>Mpgb Barayatha >>Mpgb Barodiya Nongar >>Mpgb Barokalan >>Mpgb Bhagwan Ganj >>Mpgb Bhangarh >>Mpgb Bilhara >>Mpgb Bina >>Mpgb Bina Bajari Bina >>Mpgb Chanaua Bujurg >>Mpgb Chandpur >>Mpgb Chitora >>Mpgb Deorikalan >>Mpgb Dhana >>Mpgb Gadakota >>Mpgb Gaurjhamar >>Mpgb Jaisinagar >>Mpgb Karrapur >>Mpgb Katra Bazar >>Mpgb Kesali >>Mpgb Khimalasa >>Mpgb Khurai >>Mpgb Maghardha >>Mpgb Maharajpur >>Mpgb Makronia >>Mpgb Malthon >>Mpgb Mandi Bamora >>Mpgb Naryawali >>Mpgb Patna Bujurga >>Mpgb Rahatgarh >>Mpgb Rajwas >>Mpgb Rehali >>Mpgb Sadar Sagar >>Mpgb Shahgarh >>Mpgb Shahpur >>Mpgb Sihora >>Mpgb Surkhi >>Mpgb Tili Road Sagar >>Mpgb Transit Office Sagar >>Sagar

MICR code for Bank Of India Mpgb Dhana

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

Use of BOI MICR code for Mpgb Dhana branch in sagar

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