Bank Of India Sitapur Sitapur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Sitapur Sitapur 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 Gondalamau
Contact 91-8052302056
Bank Details Bank Of India Gondalamau BKID0AG2225
Location Sitapur, Sitapur
City Sitapur
District Sitapur
State Uttar Pradesh
Pincode 261303
Country IN
Address Vill. Gondalamau. Blockgondlamau pogondlamau tahsilsidhauli , pin261303
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 261448560 for Gondalamau 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 261448560 of BOI, Gondalamau branch makes the system almost error free and faster. Use of BOI MICR codes for Gondalamau branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Gondalamau

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 Gondalamau 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. 261448560 is the MICR code of Bank Of India for Gondalamau branch. MICR code for Gondalamau 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 Gondalamau is presented in the table alongside.

Use of BOI MICR code for Gondalamau branch in sitapur

The MICR code 261448560 is used in RBI cheque clearing process to identify the branch Gondalamau 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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