Bank Of India Jaulka Washim Maharashtra MICR CODE

Find MICR Codes for Bank Of India Jaulka Washim Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jaulka
Contact 7254-223408
Bank Details Bank Of India Jaulka BKID0VG7011
Location Jaulka, Washim
City Jaulka
District Washim
State Maharashtra
Pincode 444503
Country IN
Address A/p. Jaulka, tal. Malegaon, dist. Washim. Pin 444503
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 444843542 for Jaulka 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 444843542 of BOI, Jaulka branch makes the system almost error free and faster. Use of BOI MICR codes for Jaulka 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 -

>>Jaulka

MICR code for Bank Of India Jaulka

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 Jaulka 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. 444843542 is the MICR code of Bank Of India for Jaulka branch. MICR code for Jaulka 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 Jaulka is presented in the table alongside.

Use of BOI MICR code for Jaulka branch in jaulka

The MICR code 444843542 is used in RBI cheque clearing process to identify the branch Jaulka 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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