MICR Code: 413013520

Bank: Bank of India
IFSC Code: Bkid0000724
MICR Code: 413013520
Address: Mahavir Pathshukruwar Peth, Madha, Dist Solapur
City: Madha (Dist Solapur)
District: Madha (Dist Solapur)
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 413013520.

  • In this case first three codes 413 is city code and it represents city Madha (Dist Solapur).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 520 represents branch. In our case branch is located at address Mahavir Pathshukruwar Peth, Madha, Dist Solapur.

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.