Bank Of India Hoshangabad Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Hoshangabad Hoshangabad Madhya Pradesh

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MICR Code	-NA-
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	Hoshangabad
Contact	Mr Jhaware Tel 0761-2628894
Bank Details	Bank Of India Hoshangabad BKID0009030

Location	Hoshangabad, Hoshangabad
City	Hoshangabad
District	Hoshangabad
State	Madhya Pradesh
Pincode	464001
Country	IN
Address	Fauzdar bhawan, balaganj, sat rasta, hoshangabad-464001

MICR Code	461653001
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	Hoshangabad
Contact	91-8226010091
Bank Details	Bank Of India Hoshangabad BKID0MG1026

Location	Hoshangabad, Hoshangabad
City	Hoshangabad
District	Hoshangabad
State	Madhya Pradesh
Pincode	461001
Country	IN
Address	Posttehsilhoshangabad, disthoshangabad461001

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 0 for Hoshangabad 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 0 of BOI, Hoshangabad branch makes the system almost error free and faster. Use of BOI MICR codes for Hoshangabad branch, makes the characters readable even if there are other marks and stamps on it.

A total of 35 branches of Bank Of India are available with micr code -

>>Aari >>Babai >>Bagratawa >>Bagwada >>Banapurahoshangabad >>Bankaberi >>Bankhedi >>Biaora >>Chandon >>Dolaria >>Eve Rasulia >>Evepiparia >>Gurra >>Hoshangabad >>Hoshangabad >>Itarsi >>Jamania >>Khaparkheda >>Kothara >>Malakhedi >>Malhanvada >>Matkuli >>Nandarwada >>Nimsadiya >>Old Itarasi >>Pachmadi >>Pipariyahoshangabad >>Ro Hoshangabad >>Sandia >>Semri Harchand >>Seoni Malwa >>Sheopur >>Shobhapur >>Sohagpur >>Suktawa

MICR code for Bank Of India Hoshangabad

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 Hoshangabad 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. 0 is the MICR code of Bank Of India for Hoshangabad branch. MICR code for Hoshangabad 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 Hoshangabad is presented in the table alongside.

Use of BOI MICR code for Hoshangabad branch in hoshangabad

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hoshangabad 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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