Bank Of India Musafirkhana Sultanpur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Musafirkhana Sultanpur 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 Musafirkhana
Contact 05361-222144
Bank Details Bank Of India Musafirkhana BKID0007832
Location Musafirkhana, Sultanpur
City Musafirkhana
District Sultanpur
State Uttar Pradesh
Pincode 228001
Country IN
Address Bank of india musafikhana sultanpur
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 0 for Musafirkhana 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 0 of BOI, Musafirkhana branch makes the system almost error free and faster. Use of BOI MICR codes for Musafirkhana branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Musafirkhana

MICR code for Bank Of India Musafirkhana

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 Musafirkhana 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. 0 is the MICR code of Bank Of India for Musafirkhana branch. MICR code for Musafirkhana 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 Musafirkhana is presented in the table alongside.

Use of BOI MICR code for Musafirkhana branch in musafirkhana

The MICR code 0 is used in RBI cheque clearing process to identify the branch Musafirkhana 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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