MICR Code: 416013524

Bank: Bank of India
IFSC Code: Bkid0000938
MICR Code: 416013524
Address: At & Post Kanur Khurdtal. Chandgad, Dist Kolhapur
City: Kanur Khurd (Tal Chandgad, Dist Kolhapur)
District: Kanur Khurd (Tal Chandgad, Dist Kolhapur)
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 416013524.

  • In this case first three codes 416 is city code and it represents city Kanur Khurd (Tal Chandgad, Dist Kolhapur).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 524 represents branch. In our case branch is located at address At & Post Kanur Khurdtal. Chandgad, Dist Kolhapur.

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.