Bank Of India Sitapur Chitrakoot Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Sitapur Chitrakoot Uttar Pradesh

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MICR Code	261448542
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	Ratausia
Contact	91-8052302098
Bank Details	Bank Of India Ratausia BKID0AG2248

Location	Sitapur, Chitrakoot
City	Sitapur
District	Chitrakoot
State	Uttar Pradesh
Pincode	261141
Country	IN
Address	Vill. Ratausia block pisawan ponaikakhera tahsilsitapur , pin261141

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 261448542 for Ratausia 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 261448542 of BOI, Ratausia branch makes the system almost error free and faster. Use of BOI MICR codes for Ratausia branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Bank Of India are available with micr code -

>>Angarasi >>Beehatgaur >>Fateh Nagar >>Indrauli >>Korauna >>Kursi >>Makhuwapur Chaubepir >>Mandarua >>Naipalapur >>Patabojh >>Pokhara >>Raheemabad >>Raipur >>Ratausia >>Samaisa >>Suhetara

MICR code for Bank Of India Ratausia

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 Ratausia 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. 261448542 is the MICR code of Bank Of India for Ratausia branch. MICR code for Ratausia 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 Ratausia is presented in the table alongside.

Use of BOI MICR code for Ratausia branch in sitapur

The MICR code 261448542 is used in RBI cheque clearing process to identify the branch Ratausia 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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