Bank Of India Vidisha Vidisha Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Vidisha Vidisha 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 Civil Lines
Contact 91-9424463585
Bank Details Bank Of India Civil Lines BKID0MG7062
Location Vidisha, Vidisha
City Vidisha
District Vidisha
State Madhya Pradesh
Pincode
Country IN
Address 6, club road, vidisha.
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 464653201 for Civil Lines 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 464653201 of BOI, Civil Lines branch makes the system almost error free and faster. Use of BOI MICR codes for Civil Lines branch, makes the characters readable even if there are other marks and stamps on it.

A total of 21 branches of Bank Of India are available with micr code -

>>Baagri >>Basoda >>Civil Lines >>Ganj >>Gulabganj >>Gurod >>Hansua >>Hathoda >>Khamkheda >>Kurwai >>Lateri >>Layra >>Mahlua Chouraha >>Shamshabad >>Sihora >>Sirnota >>Sironj >>Sojana >>Udaypur >>Vidisha >>Vidisha

MICR code for Bank Of India Civil Lines

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 Civil Lines 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. 464653201 is the MICR code of Bank Of India for Civil Lines branch. MICR code for Civil Lines 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 Civil Lines is presented in the table alongside.

Use of BOI MICR code for Civil Lines branch in vidisha

The MICR code 464653201 is used in RBI cheque clearing process to identify the branch Civil Lines 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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