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 Pandepurwa
Contact 91-8052302132
Bank Details Bank Of India Pandepurwa BKID0AG1907
Location Bhinga, Shravasti
City Bhinga
District Shravasti
State Uttar Pradesh
Pincode 271829
Country IN
Address Vill. Pandepurwablockharihar rani pohariharpur rani tahsilbhinga , pin271829
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 271448536 for Pandepurwa 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 271448536 of BOI, Pandepurwa branch makes the system almost error free and faster. Use of BOI MICR codes for Pandepurwa branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Pandepurwa

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 Pandepurwa 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. 271448536 is the MICR code of Bank Of India for Pandepurwa branch. MICR code for Pandepurwa 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 Pandepurwa is presented in the table alongside.

Use of BOI MICR code for Pandepurwa branch in bhinga

The MICR code 271448536 is used in RBI cheque clearing process to identify the branch Pandepurwa 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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