Bank Of India Nidadavole West Godavari Andhra Pradesh MICR CODE

Find MICR Codes for Bank Of India Nidadavole West Godavari Andhra Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	534013602
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	Nidadavolu
Contact	Shri V.Kotnis Raja Rao,Bm, Mob:9490939975
Bank Details	Bank Of India Nidadavolu BKID0005634

Location	Nidadavole, West Godavari
City	Nidadavole
District	West Godavari
State	Andhra Pradesh
Pincode	534301
Country	IN
Address	D.no:3-10-8, dr.srirama murthy hospital street, ramnagar, nidadavolu-534301 west godavari dist ap

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 534013602 for Nidadavolu 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 534013602 of BOI, Nidadavolu branch makes the system almost error free and faster. Use of BOI MICR codes for Nidadavolu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>D Muppavaram >>Nidadavolu

MICR code for Bank Of India Nidadavolu

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 Nidadavolu 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. 534013602 is the MICR code of Bank Of India for Nidadavolu branch. MICR code for Nidadavolu 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 Nidadavolu is presented in the table alongside.

Use of BOI MICR code for Nidadavolu branch in nidadavole

The MICR code 534013602 is used in RBI cheque clearing process to identify the branch Nidadavolu 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.

Copied!