Bank Of India Shelu Bazar Washim Maharashtra MICR CODE

Find MICR Codes for Bank Of India Shelu Bazar Washim Maharashtra

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MICR Code	444843541
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	Shelu Bazar
Contact	7253-264914
Bank Details	Bank Of India Shelu Bazar BKID0VG7009

Location	Shelu Bazar, Washim
City	Shelu Bazar
District	Washim
State	Maharashtra
Pincode	444403
Country	IN
Address	Shelu bazar, tqmangarulpir dist washim,444403

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 444843541 for Shelu Bazar 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 444843541 of BOI, Shelu Bazar branch makes the system almost error free and faster. Use of BOI MICR codes for Shelu Bazar branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Shelu Bazar

MICR code for Bank Of India Shelu Bazar

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 Shelu Bazar 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. 444843541 is the MICR code of Bank Of India for Shelu Bazar branch. MICR code for Shelu Bazar 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 Shelu Bazar is presented in the table alongside.

Use of BOI MICR code for Shelu Bazar branch in shelu bazar

The MICR code 444843541 is used in RBI cheque clearing process to identify the branch Shelu Bazar 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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