Bank Of India Tonk Tonk Rajasthan MICR CODE

Find MICR Codes for Bank Of India Tonk Tonk Rajasthan

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Tonk
Contact 01432-243202
Bank Details Bank Of India Tonk BKID0006688
Location Tonk, Tonk
City Tonk
District Tonk
State Rajasthan
Pincode 304001
Country IN
Address C/o shri kailash narayan sharma ,near old bus stand & clock tower, ward no. 6, tonk
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 304013002 for Tonk 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 304013002 of BOI, Tonk branch makes the system almost error free and faster. Use of BOI MICR codes for Tonk 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 -

>>Tonk

MICR code for Bank Of India Tonk

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 Tonk 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. 304013002 is the MICR code of Bank Of India for Tonk branch. MICR code for Tonk 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 Tonk is presented in the table alongside.

Use of BOI MICR code for Tonk branch in tonk

The MICR code 304013002 is used in RBI cheque clearing process to identify the branch Tonk 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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