Bank Of India Chas Jharkhand Chas Jharkhand Jharkhand MICR CODE

Find MICR Codes for Bank Of India Chas Jharkhand Chas Jharkhand Jharkhand

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gurudwara Saheb
Contact 6542-6542265677
Bank Details Bank Of India Gurudwara Saheb BKID0005856
Location Chas Jharkhand, Chas Jharkhand
City Chas Jharkhand
District Chas Jharkhand
State Jharkhand
Pincode 827013
Country IN
Address Gurudwara road chas distt bokaro
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 Gurudwara Saheb 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, Gurudwara Saheb branch makes the system almost error free and faster. Use of BOI MICR codes for Gurudwara Saheb branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Bank Of India are available with micr code -

>>Ggse Engineering College Road >>Gurudwara Saheb >>Iti More

MICR code for Bank Of India Gurudwara Saheb

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 Gurudwara Saheb 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 Gurudwara Saheb branch. MICR code for Gurudwara Saheb 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 Gurudwara Saheb is presented in the table alongside.

Use of BOI MICR code for Gurudwara Saheb branch in chas jharkhand

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