Bank Of India Renukoot Sonbhadra Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Renukoot Sonbhadra 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 Renukoot
Contact Br Mgr 9335633611
Bank Details Bank Of India Renukoot BKID0007019
Location Renukoot, Sonbhadra
City Renukoot
District Sonbhadra
State Uttar Pradesh
Pincode 321217
Country IN
Address Shree shyam sadan, nh-75, main road, renukoot, distt- sonbhadra, uttar pradesh-321217
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 Renukoot 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, Renukoot branch makes the system almost error free and faster. Use of BOI MICR codes for Renukoot 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 -

>>Renukoot

MICR code for Bank Of India Renukoot

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

Use of BOI MICR code for Renukoot branch in renukoot

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