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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of India
  4. Maharashtra
  5. Otavane
  6. Otavane
  7. MICR: 416013574

MICR Code: 416013574

Bank: Bank of India
IFSC Code: Bkid0001473
MICR Code: 416013574
Address: Survey No. 60A, At & Post Otavane, Tal- Sawantwadi
City: Otavane
District: Otavane
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 416013574.

  • In this case first three codes 416 is city code and it represents city Otavane.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 574 represents branch. In our case branch is located at address Survey No. 60A, At & Post Otavane, Tal- Sawantwadi.

How to find micr code (for example 416013574) from bank account number?

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.