Bank Of India Satna Satna Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Satna Satna 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 Old Nagar Nigam
Contact	91-810984185
Bank Details	Bank Of India Mpgb Old Nagar Nigam BKID0MG2262

Location	Satna, Satna
City	Satna
District	Satna
State	Madhya Pradesh
Pincode	485001
Country	IN
Address	Old nagar nigam chowk, satna, main post office district satna 485001

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

A total of 48 branches of Bank Of India are available with micr code -

>>Mpgb Babupur >>Mpgb Bairahana Bir >>Mpgb Barhana Kothi >>Mpgb Barondha >>Mpgb Bhainswar >>Mpgb Bhatanwara >>Mpgb Bihra >>Mpgb Bihta >>Mpgb Chhibaura >>Mpgb Chorahata >>Mpgb Dhawari >>Mpgb Dureha >>Mpgb Gauraiya >>Mpgb Golhata >>Mpgb Hanumanganj >>Mpgb Hardua >>Mpgb Ichaul >>Mpgb Jaso >>Mpgb Kachloha >>Mpgb Kamadgiri >>Mpgb Karigohi >>Mpgb Khamha >>Mpgb Khutha >>Mpgb Kishangarh >>Mpgb Kotar >>Mpgb Lagargawan >>Mpgb Lohraura >>Mpgb Madhavgarh >>Mpgb Majhgawan >>Mpgb Nagod >>Mpgb Old Nagar Nigam >>Mpgb Paldeo >>Mpgb Parasmaniya >>Mpgb Pithorabad >>Mpgb Rahikwara >>Mpgb Raigoan >>Mpgb Rampur Chourasi >>Mpgb Ro Satna >>Mpgb Sabhapur >>Mpgb Sajjanpur >>Mpgb Satna >>Mpgb Shivrajpur >>Mpgb Sindhi Camp >>Mpgb Singhpur >>Mpgb Sitpura >>Mpgb Tikuriya Tola >>Mpgb Unchehra >>Satna

MICR code for Bank Of India Mpgb Old Nagar Nigam

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 Old Nagar Nigam 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 Old Nagar Nigam branch. MICR code for Mpgb Old Nagar Nigam 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 Old Nagar Nigam is presented in the table alongside.

Use of BOI MICR code for Mpgb Old Nagar Nigam branch in satna

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