Bank Of India Etmadpur Agra Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Etmadpur Agra 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 Etmadpur
Contact 9411439472
Bank Details Bank Of India Etmadpur BKID0007264
Location Etmadpur, Agra
City Etmadpur
District Agra
State Uttar Pradesh
Pincode 283206
Country IN
Address 87 mahavir nagar,tehsil crossing, nh - 2, etmadpur, dist. : agra, uttar pradesh - 283206
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 Etmadpur 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, Etmadpur branch makes the system almost error free and faster. Use of BOI MICR codes for Etmadpur 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 -

>>Etmadpur

MICR code for Bank Of India Etmadpur

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 Etmadpur 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 Etmadpur branch. MICR code for Etmadpur 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 Etmadpur is presented in the table alongside.

Use of BOI MICR code for Etmadpur branch in etmadpur

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