Bank Of India Paota Jaipur Rajasthan MICR CODE

Find MICR Codes for Bank Of India Paota Jaipur Rajasthan

Bank	↻ Reload
State
District
City
Branch
Address

MICR Code	303013005
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	Paota
Contact	0
Bank Details	Bank Of India Paota BKID0007499

Location	Paota, Jaipur
City	Paota
District	Jaipur
State	Rajasthan
Pincode	303106
Country	IN
Address	Near main bus stand v p paota district jaipur rajathan pin 303106

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 303013005 for Paota 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 303013005 of BOI, Paota branch makes the system almost error free and faster. Use of BOI MICR codes for Paota 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 -

>>Paota

MICR code for Bank Of India Paota

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 Paota 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. 303013005 is the MICR code of Bank Of India for Paota branch. MICR code for Paota 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 Paota is presented in the table alongside.

Use of BOI MICR code for Paota branch in paota

The MICR code 303013005 is used in RBI cheque clearing process to identify the branch Paota 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!