Bank Of India Anuppur Anuppur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Anuppur Anuppur Madhya Pradesh

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MICR Code	484653511
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	Nigwani
Contact	91-8226006981
Bank Details	Bank Of India Nigwani BKID0MG1507

Location	Anuppur, Anuppur
City	Anuppur
District	Anuppur
State	Madhya Pradesh
Pincode	484771
Country	IN
Address	Postnigwani, block kotma 484771

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 484653511 for Nigwani 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 484653511 of BOI, Nigwani branch makes the system almost error free and faster. Use of BOI MICR codes for Nigwani branch, makes the characters readable even if there are other marks and stamps on it.

A total of 13 branches of Bank Of India are available with micr code -

>>Amadand >>Anuppur >>Basaniha >>Benibari >>Bijuri >>Chachai >>Deohara >>Funga >>Khuntatola >>Kotma >>Mediaras >>Nigwani >>Sakola

MICR code for Bank Of India Nigwani

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 Nigwani 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. 484653511 is the MICR code of Bank Of India for Nigwani branch. MICR code for Nigwani 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 Nigwani is presented in the table alongside.

Use of BOI MICR code for Nigwani branch in anuppur

The MICR code 484653511 is used in RBI cheque clearing process to identify the branch Nigwani 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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