Bank Of India Paonta Sahib Sirmaur Himachal Pradesh MICR CODE

Find MICR Codes for Bank Of India Paonta Sahib Sirmaur Himachal Pradesh

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	-NA-
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Paonta Sahib
Contact	Br Mgr 7876521477
Bank Details	Bank Of India Paonta Sahib BKID0007924

Location	Paonta Sahib, Sirmaur
City	Paonta Sahib
District	Sirmaur
State	Himachal Pradesh
Pincode	173025
Country	IN
Address	Bank of india paonta sahib branhc, nh 72, near bhangran chowk, main market, ward no 7, paonta sahib, distt sirmour, himachal pradesh-173025

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 Paonta Sahib 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, Paonta Sahib branch makes the system almost error free and faster. Use of BOI MICR codes for Paonta Sahib 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 -

>>Paonta Sahib

MICR code for Bank Of India Paonta Sahib

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 Paonta Sahib 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 Paonta Sahib branch. MICR code for Paonta Sahib 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 Paonta Sahib is presented in the table alongside.

Use of BOI MICR code for Paonta Sahib branch in paonta sahib

The MICR code 0 is used in RBI cheque clearing process to identify the branch Paonta Sahib 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.

Copied!