MICR Code: 401013504

Bank: Bank of India
IFSC Code: Bkid0000104
MICR Code: 401013504
Address: Vill. Wakadpadakasara- Jawahar Road,
City: Mumbai
District: Mumbai
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 401013504.

  • In this case first three codes 401 is city code and it represents city Mumbai.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 504 represents branch. In our case branch is located at address Vill. Wakadpadakasara- Jawahar Road,.

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.