Bank Of India Agra Aligarh Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Agra Aligarh Uttar Pradesh

Bank
State
District
City
Branch
Address

MICR Code	282448512
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	Saiyan
Contact	91-8173900133
Bank Details	Bank Of India Saiyan BKID0AG1147

Location	Agra, Aligarh
City	Agra
District	Aligarh
State	Uttar Pradesh
Pincode	283124
Country	IN
Address	Block and post saiyan agra , pin283124

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 282448512 for Saiyan 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 282448512 of BOI, Saiyan branch makes the system almost error free and faster. Use of BOI MICR codes for Saiyan branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Bank Of India are available with micr code -

>>R.O. Agra >>Raibha >>Rb Institute Muri Crossing >>Runkta >>Saiyan >>Sandhan >>Shamshabad Agra >>Tehra >>Umretha

MICR code for Bank Of India Saiyan

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 Saiyan 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. 282448512 is the MICR code of Bank Of India for Saiyan branch. MICR code for Saiyan 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 Saiyan is presented in the table alongside.

Use of BOI MICR code for Saiyan branch in agra

The MICR code 282448512 is used in RBI cheque clearing process to identify the branch Saiyan 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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