Bank Of India Etah Etah Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Etah Etah 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 Issoli
Contact 91-8173900308
Bank Details Bank Of India Issoli BKID0AG1314
Location Etah, Etah
City Etah
District Etah
State Uttar Pradesh
Pincode 207202
Country IN
Address At,post issolii etah , pin207202
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 207448165 for Issoli 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 207448165 of BOI, Issoli branch makes the system almost error free and faster. Use of BOI MICR codes for Issoli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Issoli

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 Issoli 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. 207448165 is the MICR code of Bank Of India for Issoli branch. MICR code for Issoli 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 Issoli is presented in the table alongside.

Use of BOI MICR code for Issoli branch in etah

The MICR code 207448165 is used in RBI cheque clearing process to identify the branch Issoli 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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