Bank Of India Banda Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Banda Sitapur 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 Pangara
Contact 91-8052302362
Bank Details Bank Of India Pangara BKID0AG2072
Location Banda, Sitapur
City Banda
District Sitapur
State Uttar Pradesh
Pincode 210129
Country IN
Address Vill. Pangara blocknaraini popangara tahsilnaraini , pin210129
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 210448564 for Pangara 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 210448564 of BOI, Pangara branch makes the system almost error free and faster. Use of BOI MICR codes for Pangara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of India are available with micr code -

>>Bhuredi Bhooragarh >>Inguamau >>Jamu >>Jasaipur >>Kajitola >>Krishi Utpadan Mandi Samit Kalukuan >>Kurrahi >>Luktara >>Mawai Bujurg >>Mungus >>Pangara >>Sabada >>Sadha >>Tathagat Gyansthali Sen Sec School

MICR code for Bank Of India Pangara

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 Pangara 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. 210448564 is the MICR code of Bank Of India for Pangara branch. MICR code for Pangara 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 Pangara is presented in the table alongside.

Use of BOI MICR code for Pangara branch in banda

The MICR code 210448564 is used in RBI cheque clearing process to identify the branch Pangara 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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