Bank Of India Pithampur Dhar Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Pithampur Dhar Madhya Pradesh

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MICR Code	-NA-
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	Pitampur I E
Contact	Sri Pradeep Kumar Biswas,Manager, Ph. 06542-220464,+91923464445
Bank Details	Bank Of India Pitampur I E BKID0009816

Location	Pithampur, Dhar
City	Pithampur
District	Dhar
State	Madhya Pradesh
Pincode	454001
Country	IN
Address	Pithampur industrial estate,402,e/1, sector,,mhow neemuch road,pith,indore,454001,madhya pradesh

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.

Search Bank Of India MICR Codes in dhar

You can search through MICR Codes of Madhya Pradesh branches in pithampur of District dhar in Madhya Pradesh State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Bank Of India are available with micr code -

>>Pitampur I E

How to find MICR codes for Bank Of India in pithampur?

Bank Of India pithampur MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From BOI MICR codes list for pithampur, one can further search by branch name specified in the table. You can find MICR codes for all Bank Of India pithampur branches.

BOI MICR code in pithampur

Bank Of India MICR code is a character recognition technology used by banks in the processing of cheques. BOI MICR code for pithampur branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Bank Of India branches in pithampur, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Bank Of India MICR code for pithampur branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a Bank Of India pithampur branch, sprinted 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. Thus MICR code for BOI pithampur branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Bank Of India MICR codes for pithampur branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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