Bank Of India Jeur Solapur Maharashtra MICR CODE

Find MICR Codes for Bank Of India Jeur Solapur Maharashtra

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jeur
Contact V.Upkare-9421071133
Bank Details Bank Of India Jeur BKID0000735
Location Jeur, Solapur
City Jeur
District Solapur
State Maharashtra
Pincode 413235
Country IN
Address At/post:jeur,tal:akkalkot dist:solapur pin-413235 phone-02181253024
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jeur
Contact 2182-242274
Bank Details Bank Of India Jeur BKID0VG2009
Location Jeur, Solapur
City Jeur
District Solapur
State Maharashtra
Pincode 111111
Country IN
Address Jeur branch baroda bldg karmala road near s t stand jeru tal karmala distt solapur solapur mh 111111 india,solapur
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 Jeur 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, Jeur branch makes the system almost error free and faster. Use of BOI MICR codes for Jeur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Bank Of India are available with micr code -

>>Jeur >>Jeur

MICR code for Bank Of India Jeur

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 Jeur 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 Jeur branch. MICR code for Jeur 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 Jeur is presented in the table alongside.

Use of BOI MICR code for Jeur branch in jeur

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