Bank Of India Barabanki Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Barabanki Faizabad Uttar Pradesh

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MICR Code	226448023
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	Naka Paisar
Contact	91-7388800330
Bank Details	Bank Of India Naka Paisar BKID0AG0330

Location	Barabanki, Faizabad
City	Barabanki
District	Faizabad
State	Uttar Pradesh
Pincode	225001
Country	IN
Address	Faizabad rd, paisar civillines dewa rd , pin225001

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 226448023 for Naka Paisar 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 226448023 of BOI, Naka Paisar branch makes the system almost error free and faster. Use of BOI MICR codes for Naka Paisar 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 -

>>Barabanki >>Bilakhia >>Kothi Usmanpur >>Kotwa Sarak >>Meermau >>Naka Paisar >>Patranga Mandi >>Rudauli >>Saidpur >>Surajpur

MICR code for Bank Of India Naka Paisar

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 Naka Paisar 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. 226448023 is the MICR code of Bank Of India for Naka Paisar branch. MICR code for Naka Paisar 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 Naka Paisar is presented in the table alongside.

Use of BOI MICR code for Naka Paisar branch in barabanki

The MICR code 226448023 is used in RBI cheque clearing process to identify the branch Naka Paisar 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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