Bank Of India Anuppur Anuppur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Anuppur Anuppur 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 Benibari
Contact 91-8226010224
Bank Details Bank Of India Benibari BKID0MG1508
Location Anuppur, Anuppur
City Anuppur
District Anuppur
State Madhya Pradesh
Pincode 484881
Country IN
Address Block pusprajgarh 484881
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 484653503 for Benibari 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 484653503 of BOI, Benibari branch makes the system almost error free and faster. Use of BOI MICR codes for Benibari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Bank Of India are available with micr code -

>>Amadand >>Anuppur >>Basaniha >>Benibari >>Bijuri >>Chachai >>Deohara >>Funga >>Khuntatola >>Kotma >>Mediaras >>Nigwani >>Sakola

MICR code for Bank Of India Benibari

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 Benibari 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. 484653503 is the MICR code of Bank Of India for Benibari branch. MICR code for Benibari 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 Benibari is presented in the table alongside.

Use of BOI MICR code for Benibari branch in anuppur

The MICR code 484653503 is used in RBI cheque clearing process to identify the branch Benibari 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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