Bank Of India Lucknow Barabanki Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Lucknow Barabanki Uttar Pradesh

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MICR Code	226448607
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	Pareewan
Contact	5544-7317799381
Bank Details	Bank Of India Pareewan BKID0AG0040

Location	Lucknow, Barabanki
City	Lucknow
District	Barabanki
State	Uttar Pradesh
Pincode	227131
Country	IN
Address	Address ap pareewan barabanki227131, pin225306

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 226448607 for Pareewan 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 226448607 of BOI, Pareewan branch makes the system almost error free and faster. Use of BOI MICR codes for Pareewan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Bank Of India are available with micr code -

>>Bhadras >>Pareewan >>Shahpurgwari >>Sihali

MICR code for Bank Of India Pareewan

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 Pareewan 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. 226448607 is the MICR code of Bank Of India for Pareewan branch. MICR code for Pareewan 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 Pareewan is presented in the table alongside.

Use of BOI MICR code for Pareewan branch in lucknow

The MICR code 226448607 is used in RBI cheque clearing process to identify the branch Pareewan 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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