MICR Code: 583013302

Bank: Bank of India
IFSC Code: Bkid0008487
MICR Code: 583013302
Address: R K Plaza, Ganesh Circle, Near Sirigiri Touristgangavathi, Koppal District, Karnataka
City: Gangavathi
District: Gangavathi
State: Karnataka

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 583013302.

  • In this case first three codes 583 is city code and it represents city Gangavathi.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 302 represents branch. In our case branch is located at address R K Plaza, Ganesh Circle, Near Sirigiri Touristgangavathi, Koppal District, Karnataka.

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.