Bank Of India Bahraich Bahraich Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Bahraich Bahraich Uttar Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Khaira Bazar
Contact 91-8052302933
Bank Details Bank Of India Khaira Bazar BKID0AG1724
Location Bahraich, Bahraich
City Bahraich
District Bahraich
State Uttar Pradesh
Pincode 271801
Country IN
Address Vill. Khaira bazar blocktejwapur pokhaira bazar tahsilbahraich , pin271801
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 271448515 for Khaira Bazar 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 271448515 of BOI, Khaira Bazar branch makes the system almost error free and faster. Use of BOI MICR codes for Khaira Bazar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Khaira Bazar

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 Khaira Bazar 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. 271448515 is the MICR code of Bank Of India for Khaira Bazar branch. MICR code for Khaira Bazar 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 Khaira Bazar is presented in the table alongside.

Use of BOI MICR code for Khaira Bazar branch in bahraich

The MICR code 271448515 is used in RBI cheque clearing process to identify the branch Khaira Bazar 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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