Bank Of India Narsinghpur Narsinghpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Narsinghpur Narsinghpur Madhya Pradesh

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MICR Code	487653515
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	Karakbel
Contact	91-8226010394
Bank Details	Bank Of India Karakbel BKID0MG1248

Location	Narsinghpur, Narsinghpur
City	Narsinghpur
District	Narsinghpur
State	Madhya Pradesh
Pincode	487114
Country	IN
Address	Vpo karakbel, near post office,tah. Narsinghpur 487114

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 487653515 for Karakbel 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 487653515 of BOI, Karakbel branch makes the system almost error free and faster. Use of BOI MICR codes for Karakbel branch, makes the characters readable even if there are other marks and stamps on it.

A total of 22 branches of Bank Of India are available with micr code -

>>Aadarsh Shikshan Samiti Kareli >>Amgaon Bada >>Bagaspur >>Barahata >>Bohani >>Chichali >>Collectorate Narsinghpur >>Deori Lolri >>Gadarwara >>Gotegaon >>Kamti Imalya >>Kanwas >>Karakbel >>Kareli >>Narsinghpur >>Narsinghpur Basti >>Panari >>Saikheda >>Singhpur Bada >>Soorwari >>Station Ganj Narsinghpur >>Tendukheda

MICR code for Bank Of India Karakbel

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 Karakbel 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. 487653515 is the MICR code of Bank Of India for Karakbel branch. MICR code for Karakbel 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 Karakbel is presented in the table alongside.

Use of BOI MICR code for Karakbel branch in narsinghpur

The MICR code 487653515 is used in RBI cheque clearing process to identify the branch Karakbel 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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