Bank Of India Seoni Seoni Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Seoni Seoni Madhya Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pandiya Chhapara
Contact 91-7724862962
Bank Details Bank Of India Pandiya Chhapara BKID0MG8048
Location Seoni, Seoni
City Seoni
District Seoni
State Madhya Pradesh
Pincode
Country IN
Address P.o.pandia chhapara
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 480653552 for Pandiya Chhapara 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 480653552 of BOI, Pandiya Chhapara branch makes the system almost error free and faster. Use of BOI MICR codes for Pandiya Chhapara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 28 branches of Bank Of India are available with micr code -

>>Adegaon >>Badalpar >>Bandol >>Barghat >>Bhoma >>Chamari >>Chhapara >>Dhanora >>Dharna >>Dhuma >>Gangerua >>Ghansaur >>Gopalganj >>Keolari >>Khawasa >>Kurrai >>Lakhnadaun >>Lakhnadoun >>Manglipeth >>Mohgaon >>Mungwani >>Palari >>Pandiya Chhapara >>Piperdahi >>Seoni >>Seoni >>Shikara >>Ugali

MICR code for Bank Of India Pandiya Chhapara

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 Pandiya Chhapara 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. 480653552 is the MICR code of Bank Of India for Pandiya Chhapara branch. MICR code for Pandiya Chhapara 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 Pandiya Chhapara is presented in the table alongside.

Use of BOI MICR code for Pandiya Chhapara branch in seoni

The MICR code 480653552 is used in RBI cheque clearing process to identify the branch Pandiya Chhapara 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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