MICR Code: 400013501

Bank: Bank of India
IFSC Code: Bkid0000197
MICR Code: 400013501
Address: Gala No 8 To 12 Sangam Building No 05 Swastik Park Gat No 57 3 14 Mauze Kardal Saphale East 401102
City: Thane
District: Palghar
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 400013501.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Gala No 8 To 12 Sangam Building No 05 Swastik Park Gat No 57 3 14 Mauze Kardal Saphale East 401102.

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.