MICR Code: 462013020

Bank: Bank of India
IFSC Code: Bkid0009062
MICR Code: 462013020
Address: Near Priyanka Lodge, Galla Mandimandideep, Distt Raisen
City: Mandideep
District: Mandideep
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 462013020.

  • In this case first three codes 462 is city code and it represents city Mandideep.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 020 represents branch. In our case branch is located at address Near Priyanka Lodge, Galla Mandimandideep, Distt Raisen.

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.