Bank Of India Bhawani Mandi Jhalawar Rajasthan MICR CODE

Find MICR Codes for Bank Of India Bhawani Mandi Jhalawar Rajasthan

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhawani Mandi
Contact 0
Bank Details Bank Of India Bhawani Mandi BKID0007853
Location Bhawani Mandi, Jhalawar
City Bhawani Mandi
District Jhalawar
State Rajasthan
Pincode 326502
Country IN
Address Near nehru garden gurudwara road at post bhawani mandi pin 326502
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 326013003 for Bhawani Mandi 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 326013003 of BOI, Bhawani Mandi branch makes the system almost error free and faster. Use of BOI MICR codes for Bhawani Mandi 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 -

>>Bhawani Mandi

MICR code for Bank Of India Bhawani Mandi

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 Bhawani Mandi 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. 326013003 is the MICR code of Bank Of India for Bhawani Mandi branch. MICR code for Bhawani Mandi 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 Bhawani Mandi is presented in the table alongside.

Use of BOI MICR code for Bhawani Mandi branch in bhawani mandi

The MICR code 326013003 is used in RBI cheque clearing process to identify the branch Bhawani Mandi 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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