Bank Of India Agar Malwa Agar Malwa Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Agar Malwa Agar Malwa Madhya Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Susner
Contact 91-9977535673
Bank Details Bank Of India Susner BKID0MG0139
Location Agar Malwa, Agar Malwa
City Agar Malwa
District Agar Malwa
State Madhya Pradesh
Pincode
Country IN
Address Susner
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 465653546 for Susner 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 465653546 of BOI, Susner branch makes the system almost error free and faster. Use of BOI MICR codes for Susner branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of India are available with micr code -

>>Agar Malwa >>Barod Malwa >>Chawani Agar >>Jaisinghpura >>Kanad >>Modi >>Nalkheda >>Soyatkala >>Susner >>Tanodiya

MICR code for Bank Of India Susner

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 Susner 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. 465653546 is the MICR code of Bank Of India for Susner branch. MICR code for Susner 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 Susner is presented in the table alongside.

Use of BOI MICR code for Susner branch in agar malwa

The MICR code 465653546 is used in RBI cheque clearing process to identify the branch Susner 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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