Bank Of India Jainmore Bokaro Jharkhand MICR CODE

Find MICR Codes for Bank Of India Jainmore Bokaro Jharkhand

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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	Jaina Mora
Contact	Chandu Mohan, Sr. Manager, Tel: 2363127, 2733652
Bank Details	Bank Of India Jaina Mora BKID0004798

Location	Jainmore, Bokaro
City	Jainmore
District	Bokaro
State	Jharkhand
Pincode	829307
Country	IN
Address	Garg mansion, ramgarh road, p.o.- jainamore, dist. Bokaro, pin - 829307 (jharkhand) phone 06542-250705

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 Jaina Mora 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, Jaina Mora branch makes the system almost error free and faster. Use of BOI MICR codes for Jaina Mora 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 -

>>Jaina Mora

MICR code for Bank Of India Jaina Mora

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 Jaina Mora 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 Jaina Mora branch. MICR code for Jaina Mora 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 Jaina Mora is presented in the table alongside.

Use of BOI MICR code for Jaina Mora branch in jainmore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jaina Mora 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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