Bank Of India Bhinga Shrasvasti Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Bhinga Shrasvasti Uttar Pradesh

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MICR Code	271448565
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	Gulara
Contact	91-8052302193
Bank Details	Bank Of India Gulara BKID0AG1920

Location	Bhinga, Shrasvasti
City	Bhinga
District	Shrasvasti
State	Uttar Pradesh
Pincode	271840
Country	IN
Address	Vill. Gulara blocksirsiya pogulara tahsilbhinga , pin271840

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 271448565 for Gulara 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 271448565 of BOI, Gulara branch makes the system almost error free and faster. Use of BOI MICR codes for Gulara branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Gulara

MICR code for Bank Of India Gulara

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 Gulara 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. 271448565 is the MICR code of Bank Of India for Gulara branch. MICR code for Gulara 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 Gulara is presented in the table alongside.

Use of BOI MICR code for Gulara branch in bhinga

The MICR code 271448565 is used in RBI cheque clearing process to identify the branch Gulara 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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