Bank Of India Lucknow Bara Banki Uttar Pradesh MICR CODE

Find MICR Codes for Bank Of India Lucknow Bara Banki Uttar Pradesh

MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ghunghter
Contact 91-7388800364
Bank Details Bank Of India Ghunghter BKID0AG0364
Location Lucknow, Bara Banki
City Lucknow
District Bara Banki
State Uttar Pradesh
Pincode 225302
Country IN
Address Villghunghter p.o.babaganj , pin225302
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 226448532 for Ghunghter 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 226448532 of BOI, Ghunghter branch makes the system almost error free and faster. Use of BOI MICR codes for Ghunghter branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Ghunghter

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 Ghunghter 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. 226448532 is the MICR code of Bank Of India for Ghunghter branch. MICR code for Ghunghter 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 Ghunghter is presented in the table alongside.

Use of BOI MICR code for Ghunghter branch in lucknow

The MICR code 226448532 is used in RBI cheque clearing process to identify the branch Ghunghter 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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