Bank Of India Khachrod Ujjain Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Khachrod Ujjain Madhya Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khachraud
Contact Mr S B Morldhir-02717234431
Bank Details Bank Of India Khachraud BKID0009112
Location Khachrod, Ujjain
City Khachrod
District Ujjain
State Madhya Pradesh
Pincode 456224
Country IN
Address 244, jawahar marg, khachraud distt ujjain,pin - 456224
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.

Search Bank Of India MICR Codes in ujjain

You can search through MICR Codes of Madhya Pradesh branches in khachrod of District ujjain in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Khachraud

How to find MICR codes for Bank Of India in khachrod?

Bank Of India khachrod MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for khachrod, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India khachrod branches.

BOI MICR code in khachrod

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for khachrod branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in khachrod, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for khachrod branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India khachrod branch, sprinted 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. Thus MICR code for BOI khachrod branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for khachrod branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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