Bank Of India Mainpuri Mainpuri Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Mainpuri Mainpuri 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 Nawathera
Contact 91-7388600730
Bank Details Bank Of India Nawathera BKID0AG0730
Location Mainpuri, Mainpuri
City Mainpuri
District Mainpuri
State Uttar Pradesh
Pincode 205261
Country IN
Address At,postnawaterha mainpuri , pin205261
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 205448525 for Nawathera 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 205448525 of BOI, Nawathera branch makes the system almost error free and faster. Use of BOI MICR codes for Nawathera branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Nawathera

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 Nawathera 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. 205448525 is the MICR code of Bank Of India for Nawathera branch. MICR code for Nawathera 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 Nawathera is presented in the table alongside.

Use of BOI MICR code for Nawathera branch in mainpuri

The MICR code 205448525 is used in RBI cheque clearing process to identify the branch Nawathera 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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