Bank Of India Lauadih Ghazipur Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Lauadih Ghazipur Uttar Pradesh

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MICR Code	-NA-
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	Lathudih
Contact	05493-245990
Bank Details	Bank Of India Lathudih BKID0006918

Location	Lauadih, Ghazipur
City	Lauadih
District	Ghazipur
State	Uttar Pradesh
Pincode	233001
Country	IN
Address	Bank of india lathudih, rasra road, ghazipur

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 Lathudih 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, Lathudih branch makes the system almost error free and faster. Use of BOI MICR codes for Lathudih 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 -

>>Lathudih

MICR code for Bank Of India Lathudih

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

Use of BOI MICR code for Lathudih branch in lauadih

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