Bank Of India Alirajpur Alirajpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Alirajpur Alirajpur Madhya Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alirajpur
Contact 91-9425190637
Bank Details Bank Of India Alirajpur BKID0MG5074
Location Alirajpur, Alirajpur
City Alirajpur
District Alirajpur
State Madhya Pradesh
Pincode
Country IN
Address Maya bhawan,subhash marg near bus stand,alirajpur,
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 457653151 for Alirajpur 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 457653151 of BOI, Alirajpur branch makes the system almost error free and faster. Use of BOI MICR codes for Alirajpur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 15 branches of Bank Of India are available with micr code -

>>Alirajpur >>Ambua >>Barzar >>Bhabhra >>Bori >>Chandpur >>Chhaktala >>Jobat >>Kathiwara >>Khattali >>Nanpur >>Sondwa >>Udaigarh >>Umrali >>Walpur

MICR code for Bank Of India Alirajpur

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 Alirajpur 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. 457653151 is the MICR code of Bank Of India for Alirajpur branch. MICR code for Alirajpur 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 Alirajpur is presented in the table alongside.

Use of BOI MICR code for Alirajpur branch in alirajpur

The MICR code 457653151 is used in RBI cheque clearing process to identify the branch Alirajpur 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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