Bank Of India Banda Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Banda Sitapur Uttar Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sabada
Contact 91-8052302363
Bank Details Bank Of India Sabada BKID0AG2071
Location Banda, Sitapur
City Banda
District Sitapur
State Uttar Pradesh
Pincode 210126
Country IN
Address Vill. Sabadablockjaspura posabadatahsilbanda , pin210126
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 210448563 for Sabada 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 210448563 of BOI, Sabada branch makes the system almost error free and faster. Use of BOI MICR codes for Sabada branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Bank Of India are available with micr code -

>>Bhuredi Bhooragarh >>Inguamau >>Jamu >>Jasaipur >>Kajitola >>Krishi Utpadan Mandi Samit Kalukuan >>Kurrahi >>Luktara >>Mawai Bujurg >>Mungus >>Pangara >>Sabada >>Sadha >>Tathagat Gyansthali Sen Sec School

MICR code for Bank Of India Sabada

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 Sabada 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. 210448563 is the MICR code of Bank Of India for Sabada branch. MICR code for Sabada 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 Sabada is presented in the table alongside.

Use of BOI MICR code for Sabada branch in banda

The MICR code 210448563 is used in RBI cheque clearing process to identify the branch Sabada 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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