Bank Of India Hoshangabad Hoshangabad Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Hoshangabad Hoshangabad Madhya Pradesh

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MICR Code	461653530
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	Nimsadiya
Contact	91-8226010063
Bank Details	Bank Of India Nimsadiya BKID0MG1015

Location	Hoshangabad, Hoshangabad
City	Hoshangabad
District	Hoshangabad
State	Madhya Pradesh
Pincode	461558
Country	IN
Address	Post nimsadia, tehsil hoshangabad, dist hoshangabad 461558

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 461653530 for Nimsadiya 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 461653530 of BOI, Nimsadiya branch makes the system almost error free and faster. Use of BOI MICR codes for Nimsadiya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 35 branches of Bank Of India are available with micr code -

>>Aari >>Babai >>Bagratawa >>Bagwada >>Banapurahoshangabad >>Bankaberi >>Bankhedi >>Biaora >>Chandon >>Dolaria >>Eve Rasulia >>Evepiparia >>Gurra >>Hoshangabad >>Hoshangabad >>Itarsi >>Jamania >>Khaparkheda >>Kothara >>Malakhedi >>Malhanvada >>Matkuli >>Nandarwada >>Nimsadiya >>Old Itarasi >>Pachmadi >>Pipariyahoshangabad >>Ro Hoshangabad >>Sandia >>Semri Harchand >>Seoni Malwa >>Sheopur >>Shobhapur >>Sohagpur >>Suktawa

MICR code for Bank Of India Nimsadiya

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 Nimsadiya 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. 461653530 is the MICR code of Bank Of India for Nimsadiya branch. MICR code for Nimsadiya 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 Nimsadiya is presented in the table alongside.

Use of BOI MICR code for Nimsadiya branch in hoshangabad

The MICR code 461653530 is used in RBI cheque clearing process to identify the branch Nimsadiya 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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