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	457653501
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	Ambua
Contact	91-8120008922
Bank Details	Bank Of India Ambua BKID0MG5019

Location	Alirajpur, Alirajpur
City	Alirajpur
District	Alirajpur
State	Madhya Pradesh
Pincode
Country	IN
Address	Main road,ambua,

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 457653501 for Ambua 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 457653501 of BOI, Ambua branch makes the system almost error free and faster. Use of BOI MICR codes for Ambua 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 Ambua

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 Ambua 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. 457653501 is the MICR code of Bank Of India for Ambua branch. MICR code for Ambua 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 Ambua is presented in the table alongside.

Use of BOI MICR code for Ambua branch in alirajpur

The MICR code 457653501 is used in RBI cheque clearing process to identify the branch Ambua 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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