Bank Of India Barwani Barwani Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Barwani Barwani Madhya Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	451653510
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	Niwali
Contact	91-7974824724
Bank Details	Bank Of India Niwali BKID0MG0216

Location	Barwani, Barwani
City	Barwani
District	Barwani
State	Madhya Pradesh
Pincode
Country	IN
Address	Near bus stand,niwali,

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 451653510 for Niwali 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 451653510 of BOI, Niwali branch makes the system almost error free and faster. Use of BOI MICR codes for Niwali branch, makes the characters readable even if there are other marks and stamps on it.

A total of 23 branches of Bank Of India are available with micr code -

>>Anjad >>Barwani >>Barwani >>Chachariya Pati >>Danod Road >>Dawana >>Dhanora >>Dhawali >>Jalgoan >>Julwaniya >>Khetiya >>Ldm Office Barwani >>Nagalwadi >>Niwali >>Palsud >>Pansemal >>Pati >>Rajpur >>Segaon Barwani >>Sendhwa >>Silawad >>Talwada Deb >>Thikri

MICR code for Bank Of India Niwali

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 Niwali 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. 451653510 is the MICR code of Bank Of India for Niwali branch. MICR code for Niwali 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 Niwali is presented in the table alongside.

Use of BOI MICR code for Niwali branch in barwani

The MICR code 451653510 is used in RBI cheque clearing process to identify the branch Niwali 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!