MICR Code: 494013503

Bank: Bank of India
IFSC Code: Bkid0009044
MICR Code: 494013503
Address: Purana Prathamik School Frngpara In Front Of Maszid Village Balenga Pin 494347
City: Bastar
District: Bastar
State: Chhattisgarh

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 494013503.

  • In this case first three codes 494 is city code and it represents city Bastar.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Purana Prathamik School Frngpara In Front Of Maszid Village Balenga Pin 494347.

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.