Bank Of India Hathras Hathras Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Hathras Hathras 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 Sikandra Rao
Contact Br Mgr 9760645223
Bank Details Bank Of India Sikandra Rao BKID0007276
Location Hathras, Hathras
City Hathras
District Hathras
State Uttar Pradesh
Pincode 204215
Country IN
Address Ram shri palace,near shiv mandiropposite dr. Chandra prakash verma clinic pant chauraha sikandra rao hathras road distt-hathras pincode-204215
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 Sikandra Rao 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, Sikandra Rao branch makes the system almost error free and faster. Use of BOI MICR codes for Sikandra Rao branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Sikandra Rao

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 Sikandra Rao 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 Sikandra Rao branch. MICR code for Sikandra Rao 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 Sikandra Rao is presented in the table alongside.

Use of BOI MICR code for Sikandra Rao branch in hathras

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