Bank Of India Panna Panna Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Panna Panna 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 Mohandra
Contact	91-9425178885
Bank Details	Bank Of India Mpgb Mohandra BKID0MG1802

Location	Panna, Panna
City	Panna
District	Panna
State	Madhya Pradesh
Pincode	488448
Country	IN
Address	Hatta panna rd, post muhandra, pawai tehsil district panna 488448

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 Mohandra 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 Mohandra branch makes the system almost error free and faster. Use of BOI MICR codes for Mpgb Mohandra 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 -

>>Mpgb Ajaygarh >>Mpgb Amanganj >>Mpgb Barachh >>Mpgb Bisani >>Mpgb Bori >>Mpgb Brajpur >>Mpgb Devendranagar >>Mpgb Dharampur >>Mpgb Gunaur >>Mpgb Hardua Patel >>Mpgb Mahewa >>Mpgb Mohandra >>Mpgb Mudhwari >>Mpgb Pahadikheda >>Mpgb Panna >>Mpgb Pawai >>Mpgb Raipura >>Mpgb Ranibag Panna >>Mpgb Saleha >>Mpgb Shahnagar >>Panna

MICR code for Bank Of India Mpgb Mohandra

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

Use of BOI MICR code for Mpgb Mohandra branch in panna

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