MICR Code: 388013504

Bank: Bank of India
IFSC Code: Bkid0002821
MICR Code: 388013504
Address: Moti Khadki, Bamangamtaluka Borsad, Dist Anand
City: Bamangam (Tal Borsad,Dist Anand)
District: Bamangam (Tal Borsad,Dist Anand)
State: Gujarat

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 388013504.

  • In this case first three codes 388 is city code and it represents city Bamangam (Tal Borsad,Dist Anand).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 504 represents branch. In our case branch is located at address Moti Khadki, Bamangamtaluka Borsad, Dist Anand.

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.