MICR Code: 500013028

Bank: Bank of India
IFSC Code: Bkid0008679
MICR Code: 500013028
Address: 10-1-1199-2, Pti Bldg, Ist Flr, Ac Guardshyderabad
City: Hyderabad
District: Hyderabad
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500013028.

  • In this case first three codes 500 is city code and it represents city Hyderabad.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 028 represents branch. In our case branch is located at address 10-1-1199-2, Pti Bldg, Ist Flr, Ac Guardshyderabad.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.