Bank Of India Bhinga Shravasti Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Bhinga Shravasti 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 Majhaua
Contact 91-8052302183
Bank Details Bank Of India Majhaua BKID0AG1919
Location Bhinga, Shravasti
City Bhinga
District Shravasti
State Uttar Pradesh
Pincode 271845
Country IN
Address Vill. Majhaua blockikauna poikauna tahsilbhinga , pin271845
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 271448559 for Majhaua 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 271448559 of BOI, Majhaua branch makes the system almost error free and faster. Use of BOI MICR codes for Majhaua branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Majhaua

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 Majhaua 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. 271448559 is the MICR code of Bank Of India for Majhaua branch. MICR code for Majhaua 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 Majhaua is presented in the table alongside.

Use of BOI MICR code for Majhaua branch in bhinga

The MICR code 271448559 is used in RBI cheque clearing process to identify the branch Majhaua 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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