MICR Code: 487013501

Bank: Bank of India
IFSC Code: Bkid0009437
MICR Code: 487013501
Address: Hospital Road Opp Sbi, Dist Narsinghpur
City: Gadarwara
District: Gadarwara
State: Madhya Pradesh

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 487013501.

  • In this case first three codes 487 is city code and it represents city Gadarwara.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Hospital Road Opp Sbi, Dist Narsinghpur.

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.