MICR Code: 160013008
| Bank: Bank of India |
| IFSC Code: Bkid0006715 |
| MICR Code: 160013008 |
| Address: Sco No. 290 Sector 20, |
| City: Panchkula Haryana |
| District: Panchkula Haryana |
| State: Haryana |
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 160013008.
- In this case first three codes 160 is city code and it represents city Panchkula Haryana.
- Next three characters 013 represents bank Bank of India.
- Remaining characters which are 008 represents branch. In our case branch is located at address Sco No. 290 Sector 20,.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.