MICR Code: 508013002

Bank: Bank of India
IFSC Code: Bkid0008687
MICR Code: 508013002
Address: H No 6-2-8/1 Bdr Complex, Opp. Police Head Quarters, Hydrabad Road, Nalgonda
City: Nalgon
District: Nalgon
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 508013002.

  • In this case first three codes 508 is city code and it represents city Nalgon.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 002 represents branch. In our case branch is located at address H No 6-2-8/1 Bdr Complex, Opp. Police Head Quarters, Hydrabad Road, Nalgonda.

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.