Bank Of India Wardha Wardha Maharashtra MICR CODE

Find MICR Codes for Bank Of India Wardha Wardha Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Borgaon Meghe
Contact Br Mgr 09423132037
Bank Details Bank Of India Borgaon Meghe BKID0009726
Location Wardha, Wardha
City Wardha
District Wardha
State Maharashtra
Pincode 442001
Country IN
Address Bank of india, borgaon (meghe) branch, h/o mrs.hemlata anandrao meghe, house no.2447, ward no.76, borgaon (meghe). Tahsil & district - wardha. Pin-442001. Std code - 07152
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 442013004 for Borgaon Meghe 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 442013004 of BOI, Borgaon Meghe branch makes the system almost error free and faster. Use of BOI MICR codes for Borgaon Meghe branch, makes the characters readable even if there are other marks and stamps on it.

A total of 8 branches of Bank Of India are available with micr code -

>>Borgaon Meghe >>Hindi Vishwa Vidyalaya >>Karanja Ghatge >>Ram Nagar >>Sindi Railway >>Vidharbha Zonal Office >>Wardha >>Wardha

MICR code for Bank Of India Borgaon Meghe

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 Borgaon Meghe 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. 442013004 is the MICR code of Bank Of India for Borgaon Meghe branch. MICR code for Borgaon Meghe 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 Borgaon Meghe is presented in the table alongside.

Use of BOI MICR code for Borgaon Meghe branch in wardha

The MICR code 442013004 is used in RBI cheque clearing process to identify the branch Borgaon Meghe 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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