Bank Of India Guna Guna Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Guna Guna 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 Mawan
Contact	91-7869592850
Bank Details	Bank Of India Mpgb Mawan BKID0MG1959

Location	Guna, Guna
City	Guna
District	Guna
State	Madhya Pradesh
Pincode	473001
Country	IN
Address	Gram post mawan district guna 473001

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

A total of 25 branches of Bank Of India are available with micr code -

>>Guna >>Mpgb Aron >>Mpgb Awan >>Mpgb Bajaranggarh >>Mpgb Bamori >>Mpgb Bhador >>Mpgb Binaganj >>Mpgb Dharnavda >>Mpgb Fatehgarh >>Mpgb Guna Cantt >>Mpgb Hat Road Guna >>Mpgb Jamaner >>Mpgb Jhagar >>Mpgb Kumbharaj >>Mpgb Laxmiganj >>Mpgb Madhusudangarh >>Mpgb Mandi Road Guna >>Mpgb Mawan >>Mpgb Mayana >>Mpgb Mragwas >>Mpgb Raghogarh >>Mpgb Rampur Colony >>Mpgb Ruthiyai >>Mpgb Ukawat >>Mpgb Umari

MICR code for Bank Of India Mpgb Mawan

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

Use of BOI MICR code for Mpgb Mawan branch in guna

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