MICR Code: 416013517

Bank: Bank of India
IFSC Code: Bkid0000931
MICR Code: 416013517
Address: At & Post Nesaritaluka Gadhinglaj, Dist Kolahpur
City: Nesari (Tal Gadhinglaj Dist Kolahpur)
District: Nesari (Tal Gadhinglaj Dist Kolahpur)
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 416013517.

  • In this case first three codes 416 is city code and it represents city Nesari (Tal Gadhinglaj Dist Kolahpur).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 517 represents branch. In our case branch is located at address At & Post Nesaritaluka Gadhinglaj, Dist Kolahpur.

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.