Bank Of India Aligarh Etah Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Aligarh Etah Uttar Pradesh

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MICR Code	202448560
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Malsai
Contact	91-9411930982
Bank Details	Bank Of India Malsai BKID0AG1274

Location	Aligarh, Etah
City	Aligarh
District	Etah
State	Uttar Pradesh
Pincode	202134
Country	IN
Address	Final v malsai p bilonachittrasitahsil atrauli aligarh 202134 std, pin202134

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 202448560 for Malsai 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 202448560 of BOI, Malsai branch makes the system almost error free and faster. Use of BOI MICR codes for Malsai branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of India are available with micr code -

>>Bhartari >>Kazimabad >>Malsai >>R.O. Aligarh >>Syarol >>Takipur >>Tappal >>Tentigaon >>Tochhigarh >>Veerpura

MICR code for Bank Of India Malsai

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 Malsai 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. 202448560 is the MICR code of Bank Of India for Malsai branch. MICR code for Malsai 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 Malsai is presented in the table alongside.

Use of BOI MICR code for Malsai branch in aligarh

The MICR code 202448560 is used in RBI cheque clearing process to identify the branch Malsai 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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