Bank Of India Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Bank Of India Jalandhar Jalandhar Punjab

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Address

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	Adda Bastian
Contact	Mr. Y P G Shanbhag;Mr. P N Mohanlal-Ph- 080-22241799;22276859
Bank Details	Bank Of India Adda Bastian BKID0006403

Location	Jalandhar, Jalandhar
City	Jalandhar
District	Jalandhar
State	Punjab
Pincode	144001
Country	IN
Address	Adda bastian,22, shakti nagar,,basti road,,jallandhar,144001,punjab

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 0 for Adda Bastian 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 0 of BOI, Adda Bastian branch makes the system almost error free and faster. Use of BOI MICR codes for Adda Bastian branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Bank Of India are available with micr code -

>>Adampur Jalandhar >>Adda Bastian >>Amo Jalandhar >>Avtar Nagar >>Bhogpur >>Garha >>Jalandhar >>Jalandhar Hub >>Jallandur Ind Area >>Jullundar Service Branch >>Jullunder Overseas >>Ladowali Road >>Mai Hiran Gate >>Nakodar >>Shahkot >>Sutlej Market

MICR code for Bank Of India Adda Bastian

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 Adda Bastian 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. 0 is the MICR code of Bank Of India for Adda Bastian branch. MICR code for Adda Bastian 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 Adda Bastian is presented in the table alongside.

Use of BOI MICR code for Adda Bastian branch in jalandhar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Adda Bastian 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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