Bank Of India Nagpur Nagpur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Nagpur Nagpur Maharashtra

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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	Medical College Square
Contact	Swaroop Raj, Sr. Manager, 08632211481
Bank Details	Bank Of India Medical College Square BKID0008708

Location	Nagpur, Nagpur
City	Nagpur
District	Nagpur
State	Maharashtra
Pincode	440009
Country	IN
Address	Medical college square,mr.bapurao ganpathrao,plot no.73,medical col,nagpur,440009,maharashtra

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

A total of 42 branches of Bank Of India are available with micr code -

>>Ajni Square >>Besa >>Butibori >>Centralised Pension Processing Centre >>Dabha >>Devla Mati >>Dharampeth >>Dighori >>Dongargaon >>Gandhibaug >>Head Branch Nagpur >>Hudkeshwar >>Indo Rama >>Itwari >>Kadbi Chowk >>Kamptee >>Katol >>Khapri >>Ldm Office Bhandara >>Ldm Office Gadchiroli >>Ldm Office Nagpur >>Mahal >>Manewada >>Mankapur >>Medical College Square >>Nagpur >>Nagpur Asset Recovery >>Nagpur Cbb >>Nagpur Gbm >>Nagpur Retail Hub >>Nagpur Service Br >>Nagpur Zonal Office >>R T Road >>Rana Pratap Nagar >>Reshimbag >>Rtm University >>Sheetalwadi >>Sitabuldi >>Sme City Centre Nagpur >>Somalwada >>Trimurty Nagar >>Vaishali Nagar

MICR code for Bank Of India Medical College Square

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 Medical College Square 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 Medical College Square branch. MICR code for Medical College Square 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 Medical College Square is presented in the table alongside.

Use of BOI MICR code for Medical College Square branch in nagpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Medical College Square 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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