MICR Code: 416013569

Bank: Bank of India
IFSC Code: Bkid0001454
MICR Code: 416013569
Address: Mangaon Vibagh Vividh Karyakari Sanstha Ltdmangaon Bazar, Tal. Kudal, Dist Sindhudurg
City: Mangaon
District: Mangaon
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 416013569.

  • In this case first three codes 416 is city code and it represents city Mangaon.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 569 represents branch. In our case branch is located at address Mangaon Vibagh Vividh Karyakari Sanstha Ltdmangaon Bazar, Tal. Kudal, Dist Sindhudurg.

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.