Bank Of India Varanasi Varanasi Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Varanasi Varanasi 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	Varanasi
Contact	Shri P.K.Saxena, Sr. Manager, Tel: 07272- 258104
Bank Details	Bank Of India Varanasi BKID0006900

Location	Varanasi, Varanasi
City	Varanasi
District	Varanasi
State	Uttar Pradesh
Pincode	221001
Country	IN
Address	Varanasi,chowk,,58/54, ash bhairo,,varanasi,221001,uttar pradesh

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

A total of 17 branches of Bank Of India are available with micr code -

>>Akhari >>Bara Lalpur >>Bari Bazar >>Bhu Trauma Center Road >>Kaazi Sarai >>Kuar Bazar >>Mohansarai >>Orderly Bazar >>Pahariya >>Sigra >>Sonarpura >>Sunderpur >>Teliyabagh Branch >>Varanasi >>Varanasi Retail Hub >>Varanasi Service >>Varanasi Zonal Office

MICR code for Bank Of India Varanasi

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

Use of BOI MICR code for Varanasi branch in varanasi

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