Bank Of India Kanota Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of India Kanota Jaipur Rajasthan

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kanota
Contact Br Mgr9549911478
Bank Details Bank Of India Kanota BKID0007463
Location Kanota, Jaipur
City Kanota
District Jaipur
State Rajasthan
Pincode 303012
Country IN
Address Ganga ram market,nayla tower,near govt higher secondary school,agra road,kanota,dist-jaipur-303012
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 Kanota 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, Kanota branch makes the system almost error free and faster. Use of BOI MICR codes for Kanota 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 -

>>Kanota

MICR code for Bank Of India Kanota

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

Use of BOI MICR code for Kanota branch in kanota

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