Bank Of India Dhar Dhar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Dhar Dhar Madhya Pradesh

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MICR Code	454653568
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	Karoli
Contact	91-8462963125
Bank Details	Bank Of India Karoli BKID0MG6017

Location	Dhar, Dhar
City	Dhar
District	Dhar
State	Madhya Pradesh
Pincode
Country	IN
Address	Karoli

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 454653568 for Karoli 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 454653568 of BOI, Karoli branch makes the system almost error free and faster. Use of BOI MICR codes for Karoli branch, makes the characters readable even if there are other marks and stamps on it.

A total of 78 branches of Bank Of India are available with micr code -

>>Ahoo >>Ajanda >>Ali >>Ambada >>Amjhera >>Badnawar >>Bagdi >>Bagh >>Bakaner >>Bakhatgarh >>Barmandal >>Bhensola >>Bidawal >>Bodhwada >>Chadawad >>Dahi >>Dasai >>Dattigara >>Dedla >>Dehri >>Dhamnod >>Dhar >>Dhar >>Dhar Zonal Office >>Dharampuri >>Dholana >>Dhulet >>Dighthan >>Gandhwani >>Ganpur >>Gardawad >>Ghatabillod >>Gujari >>Gunawad >>Jeerabad >>Jolana >>Kailash Nagar >>Kalibawadi >>Kanwan >>Karodkala >>Karoli >>Khachroda >>Khalghat >>Kod >>Kukshi >>Labriya >>Lohari >>Longsari >>Lunhera Bu >>Manawar >>Mandu >>Nagada >>Nalchha >>Nisarpur >>Padiyal >>Pipliya >>Pithampur >>Pithampur Indus >>Rajgarh >>Rajgarh (Dhar) >>Rajod >>Regional Office Dhar >>Ringnod >>Sadalpur >>Salkanpur >>Sandala >>Sardarpur >>Semalda >>Singhana >>Sundrel >>Susari >>Tanda >>Tawalai >>Teesgaon >>Tilgara >>Tirla >>Trimurti Nagar >>Umarban

MICR code for Bank Of India Karoli

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 Karoli 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. 454653568 is the MICR code of Bank Of India for Karoli branch. MICR code for Karoli 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 Karoli is presented in the table alongside.

Use of BOI MICR code for Karoli branch in dhar

The MICR code 454653568 is used in RBI cheque clearing process to identify the branch Karoli 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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