MICR Code: 530013702

Bank: Bank of India
IFSC Code: Bkid0005606
MICR Code: 530013702
Address: Jagruthi Complex, Main Road, Sabbavaramvisakhapatnam Dist
City: Sabbavaram (Visakhapatnam Dist)
District: Sabbavaram (Visakhapatnam Dist)
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 530013702.

  • In this case first three codes 530 is city code and it represents city Sabbavaram (Visakhapatnam Dist).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 702 represents branch. In our case branch is located at address Jagruthi Complex, Main Road, Sabbavaramvisakhapatnam Dist.

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.