MICR Code: 412013045
| Bank: Bank of India |
| IFSC Code: Bkid0008866 |
| MICR Code: 412013045 |
| Address: Nagpur Square Nagpur Post Ajnod Teh Sanwer Dist Indore 453551 Std Code 07321 |
| City: Indore |
| District: Sawer |
| 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 412013045.
- In this case first three codes 412 is city code and it represents city Indore.
- Next three characters 013 represents bank Bank of India.
- Remaining characters which are 045 represents branch. In our case branch is located at address Nagpur Square Nagpur Post Ajnod Teh Sanwer Dist Indore 453551 Std Code 07321.
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.