Bank Of India Burhanpur Burhanpur Madhya Pradesh MICR CODE

Find MICR Codes for Bank Of India Burhanpur Burhanpur Madhya Pradesh

Bank
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	Jhir Panjariya
Contact	7325-8307680013
Bank Details	Bank Of India Jhir Panjariya BKID0009976

Location	Burhanpur, Burhanpur
City	Burhanpur
District	Burhanpur
State	Madhya Pradesh
Pincode	450331
Country	IN
Address	Jhir panjariya near dhulcoat burhanpur 450331

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 Jhir Panjariya 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, Jhir Panjariya branch makes the system almost error free and faster. Use of BOI MICR codes for Jhir Panjariya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 18 branches of Bank Of India are available with micr code -

>>Amravat Road >>Burhanpur >>Burhanpur >>Dapora >>Dhulkot >>Haiderpur >>Indira Nagar >>Jhir Panjariya >>Khakner >>Lal Bag Burhanpur >>Nachankheda >>Nepanagar >>Phophnar >>Pipalgaon Raiyat >>Sarola >>Shahpur >>Shaikhpura Shekhpura >>Sirpur

MICR code for Bank Of India Jhir Panjariya

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 Jhir Panjariya 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 Jhir Panjariya branch. MICR code for Jhir Panjariya 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 Jhir Panjariya is presented in the table alongside.

Use of BOI MICR code for Jhir Panjariya branch in burhanpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jhir Panjariya 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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