Bank Of India Barabanki Faizabad Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Barabanki Faizabad Uttar Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barabanki
Contact 91-7388800300
Bank Details Bank Of India Barabanki BKID0AG0300
Location Barabanki, Faizabad
City Barabanki
District Faizabad
State Uttar Pradesh
Pincode 225001
Country IN
Address Sant sadan, dhanokhar chauraha dewa rd , pin225001
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 226448024 for Barabanki 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 226448024 of BOI, Barabanki branch makes the system almost error free and faster. Use of BOI MICR codes for Barabanki branch, makes the characters readable even if there are other marks and stamps on it.

A total of 10 branches of Bank Of India are available with micr code -

>>Barabanki >>Bilakhia >>Kothi Usmanpur >>Kotwa Sarak >>Meermau >>Naka Paisar >>Patranga Mandi >>Rudauli >>Saidpur >>Surajpur

MICR code for Bank Of India Barabanki

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 Barabanki 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. 226448024 is the MICR code of Bank Of India for Barabanki branch. MICR code for Barabanki 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 Barabanki is presented in the table alongside.

Use of BOI MICR code for Barabanki branch in barabanki

The MICR code 226448024 is used in RBI cheque clearing process to identify the branch Barabanki 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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