MICR Code: 524013003

Bank: Bank of India
IFSC Code: Bkid0005651
MICR Code: 524013003
Address: Ward No 26, H No 26-2-1412 Ground Floor, Venkata Reddy Nagar, Vedayapalem
City: Nellore
District: Nellore
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 524013003.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Ward No 26, H No 26-2-1412 Ground Floor, Venkata Reddy Nagar, Vedayapalem.

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.