Bank Of India Bara Banki Bara Banki Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Bara Banki Bara Banki Uttar Pradesh

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bansgaon
Contact Mr. D C Chawla, Mobile No.-09818139218
Bank Details Bank Of India Bansgaon BKID0007522
Location Bara Banki, Bara Banki
City Bara Banki
District Bara Banki
State Uttar Pradesh
Pincode 225415
Country IN
Address Bank of india bansgaon, village & post-bansgaon, block-puredalai, district-barabanki up 225415
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 Bansgaon 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, Bansgaon branch makes the system almost error free and faster. Use of BOI MICR codes for Bansgaon 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 -

>>Bansgaon >>Barabanki >>Chedda Nagar >>Hasaur >>Jiyanpur >>Lalpur Karauta >>Markamau >>Panchayat Bhavan >>Rampur Bhawanipur

MICR code for Bank Of India Bansgaon

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

Use of BOI MICR code for Bansgaon branch in bara banki

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