Bank Of India Modinagar Ghaziabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Modinagar Ghaziabad 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 Sikri Kalan
Contact 9411689538
Bank Details Bank Of India Sikri Kalan BKID0007026
Location Modinagar, Ghaziabad
City Modinagar
District Ghaziabad
State Uttar Pradesh
Pincode 201204
Country IN
Address Nh 58 delhi meerut road sikri kalan modinagar distt ghaziabad uttar pradesh 201204
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 201013002 for Sikri Kalan 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 201013002 of BOI, Sikri Kalan branch makes the system almost error free and faster. Use of BOI MICR codes for Sikri Kalan 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 -

>>Sikri Kalan

MICR code for Bank Of India Sikri Kalan

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 Sikri Kalan 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. 201013002 is the MICR code of Bank Of India for Sikri Kalan branch. MICR code for Sikri Kalan 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 Sikri Kalan is presented in the table alongside.

Use of BOI MICR code for Sikri Kalan branch in modinagar

The MICR code 201013002 is used in RBI cheque clearing process to identify the branch Sikri Kalan 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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