MICR Code: 431013403

Bank: Bank of India
IFSC Code: Bkid0000754
MICR Code: 431013403
Address: Post Office Road Opposite Bvm School Hingoli Tal 431513
City: Hingoli
District: Hingoli
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 431013403.

  • In this case first three codes 431 is city code and it represents city Hingoli.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 403 represents branch. In our case branch is located at address Post Office Road Opposite Bvm School Hingoli Tal 431513.

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.