MICR Code Bank
Find MICR code for Bank Of India Jashpur Road branches in India for NEFT and RTGS transfer

Bank Of India Jashpur Road MICR CODE

Find MICR Codes for Bank Of India Jashpur Road

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  1. Bank Of India »
  2. Jharkhand »
  3. gumla »
  4. gumla »
  5. jashpur road (gumla)

Find MICR Codes for Bank Of India Jashpur Road

MICR Code: -NA-
Bank: Bank Of India
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Jashpur Road (Gumla)
Contact: Br Mgr 044-24960352
Bank Details: Bank Of India Jashpur Road (Gumla) BKID0005909
Location: Gumla, Gumla
City: Gumla
District: Gumla
State: Jharkhand
Pincode: 835207
Country: IN
Address: Bank of india jashpur road (gumla) branch at & post gumla dist- gumla jharkhand pin - 835207

How does MICR code for jashpur road 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 of BOI, jashpur road branch makes the system almost error free and faster. Use of BOI MICR codes for jashpur road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 6 branches of Bank Of India are available with micr code

>>Gumla >>Jari >>Jashpur Road (Gumla) >>Ldmo Gumla >>Mamarla >>Pugu

MICR code for Bank Of India jashpur road

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 jashpur road 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. is the MICR code of Bank Of India for jashpur road branch. MICR code for jashpur road 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 jashpur road is presented in the table alongside.

Use of BOI MICR code for jashpur road branch in gumla

The MICR code is used in RBI cheque clearing process to identify the branch jashpur road 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.