Bank Of India Amaravati Badnera Maharashtra MICR CODE

Find MICR Codes for Bank Of India Amaravati Badnera Maharashtra

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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	Badnera
Contact	721-7212580151
Bank Details	Bank Of India Badnera BKID0VG7041

Location	Amaravati, Badnera
City	Amaravati
District	Badnera
State	Maharashtra
Pincode	443001
Country	IN
Address	Navi vasti, jaistambha chowk, badnera, dist. Amravati. Pin-443001

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

A total of 1 branches of Bank Of India are available with micr code -

>>Badnera

MICR code for Bank Of India Badnera

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 Badnera 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 Badnera branch. MICR code for Badnera 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 Badnera is presented in the table alongside.

Use of BOI MICR code for Badnera branch in amaravati

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