Bank Of India Saman Mainpuri Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Saman Mainpuri Uttar Pradesh

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MICR Code	-NA-
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	Saman
Contact	Mr. Hariom Verma
Bank Details	Bank Of India Saman BKID0007718

Location	Saman, Mainpuri
City	Saman
District	Mainpuri
State	Uttar Pradesh
Pincode	205001
Country	IN
Address	Village & post saman katra distt. Mainpuri

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

A total of 1 branches of Bank Of India are available with micr code -

>>Saman

MICR code for Bank Of India Saman

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 Saman 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 Saman branch. MICR code for Saman 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 Saman is presented in the table alongside.

Use of BOI MICR code for Saman branch in saman

The MICR code 0 is used in RBI cheque clearing process to identify the branch Saman 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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