MICR Code: 580013003

Bank: Bank of India
IFSC Code: Bkid0008418
MICR Code: 580013003
Address: Gokul Road Branch, Shiv- Naga Plazabasaveshwar Nagar Cross, Gokul Road, Hubli
City: Hubli
District: Hubli
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 580013003.

  • In this case first three codes 580 is city code and it represents city Hubli.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Gokul Road Branch, Shiv- Naga Plazabasaveshwar Nagar Cross, Gokul Road, Hubli.

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.