BANK OF INDIA, Malgaon, Malgaon Dist Sangli

MICR Codes for other Branches of Bank Of India In "Malgaon Dist Sangli"

MICR Code for BANK OF INDIAMaharashtra

The MICR code for a BANK OF INDIA is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for BANK OF INDIA is printed on the bottom of every cheque leaf of the BANK OF INDIA.

Decoding-416013540

416013540 the MICR code of BANK OF INDIA,MalgaonMaharashtra.

• The first 3 characters, i.e. 416 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 013 depicts the bank number of BANK OF INDIA
• The last three charters, i.e. 540 depicts theMalgaon ofMalgaon Dist Sangli.

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