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 Halim Nagar
Contact 91-8052302099
Bank Details Bank Of India Halim Nagar BKID0AG2151
Location Biswan, Sitapur
City Biswan
District Sitapur
State Uttar Pradesh
Pincode 261205
Country IN
Address Vill. Halim nagar block reosa pogwari tahsilmahmoodabad , pin261205
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 261448589 for Halim Nagar 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 261448589 of BOI, Halim Nagar branch makes the system almost error free and faster. Use of BOI MICR codes for Halim Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Halim Nagar

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 Halim Nagar 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. 261448589 is the MICR code of Bank Of India for Halim Nagar branch. MICR code for Halim Nagar 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 Halim Nagar is presented in the table alongside.

Use of BOI MICR code for Halim Nagar branch in biswan

The MICR code 261448589 is used in RBI cheque clearing process to identify the branch Halim Nagar 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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