Bank Of India Agra Agra Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Agra Agra 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 Prakashi Enclave Sonari
Contact 0
Bank Details Bank Of India Prakashi Enclave Sonari BKID0007629
Location Agra, Agra
City Agra
District Agra
State Uttar Pradesh
Pincode 282007
Country IN
Address Prakashi enclave sonari branch 34 b prakashi enclave near pushpanjali tower shastripuram
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 Prakashi Enclave Sonari 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, Prakashi Enclave Sonari branch makes the system almost error free and faster. Use of BOI MICR codes for Prakashi Enclave Sonari branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Prakashi Enclave Sonari

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 Prakashi Enclave Sonari 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 Prakashi Enclave Sonari branch. MICR code for Prakashi Enclave Sonari 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 Prakashi Enclave Sonari is presented in the table alongside.

Use of BOI MICR code for Prakashi Enclave Sonari branch in agra

The MICR code 0 is used in RBI cheque clearing process to identify the branch Prakashi Enclave Sonari 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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