Bank Of India Muraina Muraina Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Muraina Muraina Madhya Pradesh

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MICR Code	476653513
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	Raipur Gadiya
Contact	91-7697961412
Bank Details	Bank Of India Raipur Gadiya BKID0MG9064

Location	Muraina, Muraina
City	Muraina
District	Muraina
State	Madhya Pradesh
Pincode
Country	IN
Address	Vill post raipurgadiyadisttmorena

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 476653513 for Raipur Gadiya 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 476653513 of BOI, Raipur Gadiya branch makes the system almost error free and faster. Use of BOI MICR codes for Raipur Gadiya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of India are available with micr code -

>>Aantary Kailaras >>Ambah >>Barbai >>Barier Chourahamur >>Jouramorena >>Kailaras >>Kumheri >>Muraina >>Noorabad >>Porsa >>Porsa Roadmorena >>Raipur Gadiya >>Sabalgadh >>Shyampur Kala

MICR code for Bank Of India Raipur Gadiya

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 Raipur Gadiya 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. 476653513 is the MICR code of Bank Of India for Raipur Gadiya branch. MICR code for Raipur Gadiya 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 Raipur Gadiya is presented in the table alongside.

Use of BOI MICR code for Raipur Gadiya branch in muraina

The MICR code 476653513 is used in RBI cheque clearing process to identify the branch Raipur Gadiya 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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