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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of India
  4. Maharashtra
  5. Bhal (Dist Raigad)
  6. Bhal (Dist Raigad)
  7. MICR: 402013503

MICR Code: 402013503

Bank: Bank of India
IFSC Code: Bkid0001219
MICR Code: 402013503
Address: At Bhal, Post Thalopp. R.C.F. Main Building, Dist Raigad
City: Bhal (Dist Raigad)
District: Bhal (Dist Raigad)
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 402013503.

  • In this case first three codes 402 is city code and it represents city Bhal (Dist Raigad).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 503 represents branch. In our case branch is located at address At Bhal, Post Thalopp. R.C.F. Main Building, Dist Raigad.

How to find micr code (for example 402013503) from bank account number?

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.