MICR Code: 445013503
| Bank: Bank of India |
| IFSC Code: Bkid0000634 |
| MICR Code: 445013503 |
| Address: Giri Complex, Shivaneri Chowk, Yavatmal Rdward No. 2 Dist. Yavatmal |
| City: Aarni (Mh) |
| District: Aarni (Mh) |
| State: Maharashtra |
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 445013503.
- In this case first three codes 445 is city code and it represents city Aarni (Mh).
- Next three characters 013 represents bank Bank of India.
- Remaining characters which are 503 represents branch. In our case branch is located at address Giri Complex, Shivaneri Chowk, Yavatmal Rdward No. 2 Dist. Yavatmal.
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.