Bank Of India Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Sitapur Sitapur Uttar Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sitapur
Contact Uttam Kumar Bajpai, Tel.:07162-222544.
Bank Details Bank Of India Sitapur BKID0007820
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261001
Country IN
Address Bhagwat bhawan, 315, nai basti, jail road, sitapur
MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sitapur
Contact 91-8052302013
Bank Details Bank Of India Sitapur BKID0AG2209
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261001
Country IN
Address Vill. Sitapur blockkhairabad positapur tahsilsitapur , pin261001
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 Sitapur 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, Sitapur branch makes the system almost error free and faster. Use of BOI MICR codes for Sitapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Sitapur

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

Use of BOI MICR code for Sitapur branch in sitapur

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