MICR Code: 387013031

Bank: Bank of India
IFSC Code: Bkid0002061
MICR Code: 387013031
Address: Laxmi Nivas, Meena Bazar, Natraj Cinemakapadwanj, Distt Kheda
City: Kapadvanj, Dt Kheda, Gujarat
District: Kapadvanj, Dt Kheda, Gujarat
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 387013031.

  • In this case first three codes 387 is city code and it represents city Kapadvanj, Dt Kheda, Gujarat.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 031 represents branch. In our case branch is located at address Laxmi Nivas, Meena Bazar, Natraj Cinemakapadwanj, Distt Kheda.

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.