Bank Of India Hingna Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Hingna Nagpur Maharashtra

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MICR Code	440013038
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	Hingna
Contact	07104-276890
Bank Details	Bank Of India Hingna BKID0008766

Location	Hingna, Nagpur
City	Hingna
District	Nagpur
State	Maharashtra
Pincode	441110
Country	IN
Address	H/o mr s b bang, main road, hingna tah: hingna, distt: nagpur 441110

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 440013038 for Hingna 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 440013038 of BOI, Hingna branch makes the system almost error free and faster. Use of BOI MICR codes for Hingna 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 -

>>Hingna

MICR code for Bank Of India Hingna

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 Hingna 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. 440013038 is the MICR code of Bank Of India for Hingna branch. MICR code for Hingna 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 Hingna is presented in the table alongside.

Use of BOI MICR code for Hingna branch in hingna

The MICR code 440013038 is used in RBI cheque clearing process to identify the branch Hingna 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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