Bank Of India Nagina Bijnor Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Nagina Bijnor 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 Nagina
Contact Trilok Singh Rawat
Bank Details Bank Of India Nagina BKID0007161
Location Nagina, Bijnor
City Nagina
District Bijnor
State Uttar Pradesh
Pincode 246762
Country IN
Address Station road opposite pilli kothi nagina distt bijnor uttar pradesh pin 246762
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 Nagina 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, Nagina branch makes the system almost error free and faster. Use of BOI MICR codes for Nagina 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 -

>>Nagina

MICR code for Bank Of India Nagina

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 Nagina 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 Nagina branch. MICR code for Nagina 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 Nagina is presented in the table alongside.

Use of BOI MICR code for Nagina branch in nagina

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