Bank Of India Neemuch Neemuch Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Neemuch Neemuch 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 Kukdeshwar
Contact 91-8226010322
Bank Details Bank Of India Kukdeshwar BKID0MG1424
Location Neemuch, Neemuch
City Neemuch
District Neemuch
State Madhya Pradesh
Pincode
Country IN
Address Sadar bazar,kukdeshwar,distt.neemuch
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 458653521 for Kukdeshwar 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 458653521 of BOI, Kukdeshwar branch makes the system almost error free and faster. Use of BOI MICR codes for Kukdeshwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Bank Of India are available with micr code -

>>Ambedkar >>Antrib >>Athana >>Bagana >>Chitakheda >>Jamunia >>Jat >>Jawad >>Kanjarda >>Kukdeshwar >>Manasa >>Morwan >>Neemuch >>Nimuch >>Parda >>Rampur >>Ratangad >>Singoli

MICR code for Bank Of India Kukdeshwar

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 Kukdeshwar 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. 458653521 is the MICR code of Bank Of India for Kukdeshwar branch. MICR code for Kukdeshwar 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 Kukdeshwar is presented in the table alongside.

Use of BOI MICR code for Kukdeshwar branch in neemuch

The MICR code 458653521 is used in RBI cheque clearing process to identify the branch Kukdeshwar 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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