Bank Of India Chitrakoot Chitrakoot Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Chitrakoot Chitrakoot Uttar Pradesh

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MICR Code	210448059
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	Markundi
Contact	91-9792203664
Bank Details	Bank Of India Markundi BKID0AG2309

Location	Chitrakoot, Chitrakoot
City	Chitrakoot
District	Chitrakoot
State	Uttar Pradesh
Pincode	210208
Country	IN
Address	Vill. Markundi blockmanikpur pomarkundi tahsilmau , pin210208

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 210448059 for Markundi 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 210448059 of BOI, Markundi branch makes the system almost error free and faster. Use of BOI MICR codes for Markundi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 24 branches of Bank Of India are available with micr code -

>>Ainchvara >>Bachharan >>Bargarh >>Bedi Pulia >>Bharat Koop >>Bhauri >>Chakaundh >>Chhivlaha >>Karvi >>Khandeha >>Lalta Road >>Mahuva Gaon >>Majhgaon >>Manikpur >>Markundi >>Nadinkurmiyan >>Naditaura >>Raipura >>Ram Nagar Chhivohan >>Rasin >>Saraiyan >>Shiv Rampur >>Sitapur >>Umari

MICR code for Bank Of India Markundi

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 Markundi 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. 210448059 is the MICR code of Bank Of India for Markundi branch. MICR code for Markundi 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 Markundi is presented in the table alongside.

Use of BOI MICR code for Markundi branch in chitrakoot

The MICR code 210448059 is used in RBI cheque clearing process to identify the branch Markundi 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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