Bank Of India Deulgaon Mahi Buldhana Maharashtra MICR CODE

Find MICR Codes for Bank Of India Deulgaon Mahi Buldhana Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Deulgaon Mahi
Contact 0
Bank Details Bank Of India Deulgaon Mahi BKID0VG6055
Location Deulgaon Mahi, Buldhana
City Deulgaon Mahi
District Buldhana
State Maharashtra
Pincode 443206
Country IN
Address At deulgaon (mahi) tq sindkhed raja dist buldana443206
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 443843523 for Deulgaon Mahi 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 443843523 of BOI, Deulgaon Mahi branch makes the system almost error free and faster. Use of BOI MICR codes for Deulgaon Mahi 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 -

>>Deulgaon Mahi

MICR code for Bank Of India Deulgaon Mahi

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 Deulgaon Mahi 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. 443843523 is the MICR code of Bank Of India for Deulgaon Mahi branch. MICR code for Deulgaon Mahi 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 Deulgaon Mahi is presented in the table alongside.

Use of BOI MICR code for Deulgaon Mahi branch in deulgaon mahi

The MICR code 443843523 is used in RBI cheque clearing process to identify the branch Deulgaon Mahi 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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