Bank Of India Sehore Sehore Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Sehore Sehore Madhya Pradesh

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MICR Code	466653504
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	Budhani
Contact	91-9425128994
Bank Details	Bank Of India Budhani BKID0MG0347

Location	Sehore, Sehore
City	Sehore
District	Sehore
State	Madhya Pradesh
Pincode
Country	IN
Address	Bus stand budni, dist sehore

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 466653504 for Budhani 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 466653504 of BOI, Budhani branch makes the system almost error free and faster. Use of BOI MICR codes for Budhani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 34 branches of Bank Of India are available with micr code -

>>Ahmedpur >>Ashta >>Bakhtara >>Balagaon >>Basudeo Bansdeo >>Bhonra >>Bhopal Nakasehore >>Bilkisganj >>Budhani >>Charnal >>Chhipaner >>Dhamanda >>Doraha >>Ichhawar >>Jawar >>Kotharikalan >>Krishi Upaj Mandi >>Ladkui >>Ldm Office Sehore >>Mehatwada >>Mograram >>Nasrullaganj >>Ramgarh >>Rampura Chakaldi >>Regional Office Sehore >>Rehati >>Sehore >>Sehore >>Sehore Mandi >>Sewda >>Shahganj >>Shyampur >>Siddiquiganj >>Uljhawan

MICR code for Bank Of India Budhani

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 Budhani 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. 466653504 is the MICR code of Bank Of India for Budhani branch. MICR code for Budhani 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 Budhani is presented in the table alongside.

Use of BOI MICR code for Budhani branch in sehore

The MICR code 466653504 is used in RBI cheque clearing process to identify the branch Budhani 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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