Bank Of India Biswan Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Biswan Sitapur 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 Bakahuwa Bazar
Contact 91-8052302078
Bank Details Bank Of India Bakahuwa Bazar BKID0AG2140
Location Biswan, Sitapur
City Biswan
District Sitapur
State Uttar Pradesh
Pincode 261202
Country IN
Address Vill. Bakhauwa bazar blockmahmoodabad pobakahuwa bazar tahsilbiswan , pin261202
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 261448575 for Bakahuwa Bazar 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 261448575 of BOI, Bakahuwa Bazar branch makes the system almost error free and faster. Use of BOI MICR codes for Bakahuwa Bazar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Bakahuwa Bazar

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 Bakahuwa Bazar 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. 261448575 is the MICR code of Bank Of India for Bakahuwa Bazar branch. MICR code for Bakahuwa Bazar 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 Bakahuwa Bazar is presented in the table alongside.

Use of BOI MICR code for Bakahuwa Bazar branch in biswan

The MICR code 261448575 is used in RBI cheque clearing process to identify the branch Bakahuwa Bazar 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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