Bank Of India Kawardha Kawardha Chhattisgarh MICR CODE

Find MICR Codes for Bank Of India Kawardha Kawardha Chhattisgarh

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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	Kawardha
Contact	Mr. Ajay Xess 0997406802
Bank Details	Bank Of India Kawardha BKID0009320

Location	Kawardha, Kawardha
City	Kawardha
District	Kawardha
State	Chhattisgarh
Pincode	491995
Country	IN
Address	Surjeet singh khanuja complex, opp bus stand, kawardha dist- kawardha

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

>>Kawardha

MICR code for Bank Of India Kawardha

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 Kawardha 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 Kawardha branch. MICR code for Kawardha 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 Kawardha is presented in the table alongside.

Use of BOI MICR code for Kawardha branch in kawardha

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