Bank Of India Aligarh Aligarh Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Aligarh Aligarh 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 Gharwara
Contact 91-8173900068
Bank Details Bank Of India Gharwara BKID0AG1232
Location Aligarh, Aligarh
City Aligarh
District Aligarh
State Uttar Pradesh
Pincode 202165
Country IN
Address At,postgharwara, blocktappal tehsilkhair , pinã½202165
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 202448555 for Gharwara 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 202448555 of BOI, Gharwara branch makes the system almost error free and faster. Use of BOI MICR codes for Gharwara branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Gharwara

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 Gharwara 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. 202448555 is the MICR code of Bank Of India for Gharwara branch. MICR code for Gharwara 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 Gharwara is presented in the table alongside.

Use of BOI MICR code for Gharwara branch in aligarh

The MICR code 202448555 is used in RBI cheque clearing process to identify the branch Gharwara 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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