Bank Of India Narvel Buldhana Maharashtra MICR CODE

Find MICR Codes for Bank Of India Narvel Buldhana Maharashtra

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MICR Code	443843506
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	Narvel
Contact	7267-223408
Bank Details	Bank Of India Narvel BKID0VG6034

Location	Narvel, Buldhana
City	Narvel
District	Buldhana
State	Maharashtra
Pincode	443112
Country	IN
Address	A/p. Narwel, tal. Malkapur. Dist. Buldhana,pin 443112

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 443843506 for Narvel 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 443843506 of BOI, Narvel branch makes the system almost error free and faster. Use of BOI MICR codes for Narvel 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 -

>>Narvel

MICR code for Bank Of India Narvel

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 Narvel 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. 443843506 is the MICR code of Bank Of India for Narvel branch. MICR code for Narvel 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 Narvel is presented in the table alongside.

Use of BOI MICR code for Narvel branch in narvel

The MICR code 443843506 is used in RBI cheque clearing process to identify the branch Narvel 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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