Bank Of India Mirzapur Mirzapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Mirzapur Mirzapur Uttar Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Baghaura
Contact 91-9792203697
Bank Details Bank Of India Baghaura BKID0AG2730
Location Mirzapur, Mirzapur
City Mirzapur
District Mirzapur
State Uttar Pradesh
Pincode 231001
Country IN
Address Vill. Baghaura blockrajgarh pobaghaura tahsilmarihan , pin231001
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 231448067 for Baghaura 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 231448067 of BOI, Baghaura branch makes the system almost error free and faster. Use of BOI MICR codes for Baghaura branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Baghaura

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 Baghaura 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. 231448067 is the MICR code of Bank Of India for Baghaura branch. MICR code for Baghaura 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 Baghaura is presented in the table alongside.

Use of BOI MICR code for Baghaura branch in mirzapur

The MICR code 231448067 is used in RBI cheque clearing process to identify the branch Baghaura 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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