Bank Of India Kotputli Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of India Kotputli 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 Kotputli
Contact Br Mgr 9887378452
Bank Details Bank Of India Kotputli BKID0006697
Location Kotputli, Jaipur
City Kotputli
District Jaipur
State Rajasthan
Pincode 303108
Country IN
Address Bank of india kotputli branchp lot no 20 ward no9 pithwali mohalla basadi kotputli distt jaipur
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 303013155 for Kotputli 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 303013155 of BOI, Kotputli branch makes the system almost error free and faster. Use of BOI MICR codes for Kotputli 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 -

>>Kotputli

MICR code for Bank Of India Kotputli

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 Kotputli 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. 303013155 is the MICR code of Bank Of India for Kotputli branch. MICR code for Kotputli 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 Kotputli is presented in the table alongside.

Use of BOI MICR code for Kotputli branch in kotputli

The MICR code 303013155 is used in RBI cheque clearing process to identify the branch Kotputli 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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