Bank Of India Barwani Barwani Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Barwani Barwani 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 Khetiya
Contact 91-7747019518
Bank Details Bank Of India Khetiya BKID0MG0207
Location Barwani, Barwani
City Barwani
District Barwani
State Madhya Pradesh
Pincode
Country IN
Address Subhash marg,khetiya,
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 451653508 for Khetiya 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 451653508 of BOI, Khetiya branch makes the system almost error free and faster. Use of BOI MICR codes for Khetiya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Bank Of India are available with micr code -

>>Anjad >>Barwani >>Barwani >>Chachariya Pati >>Danod Road >>Dawana >>Dhanora >>Dhawali >>Jalgoan >>Julwaniya >>Khetiya >>Ldm Office Barwani >>Nagalwadi >>Niwali >>Palsud >>Pansemal >>Pati >>Rajpur >>Segaon Barwani >>Sendhwa >>Silawad >>Talwada Deb >>Thikri

MICR code for Bank Of India Khetiya

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 Khetiya 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. 451653508 is the MICR code of Bank Of India for Khetiya branch. MICR code for Khetiya 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 Khetiya is presented in the table alongside.

Use of BOI MICR code for Khetiya branch in barwani

The MICR code 451653508 is used in RBI cheque clearing process to identify the branch Khetiya 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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