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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of India
  4. Maharashtra
  5. Poladpur (Dist Raigad)
  6. Poladpur (Dist Raigad)
  7. MICR: 402013520

MICR Code: 402013520

Bank: Bank of India
IFSC Code: Bkid0001203
MICR Code: 402013520
Address: Poladpurdistrict Raigad,
City: Poladpur (Dist Raigad)
District: Poladpur (Dist Raigad)
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 402013520.

  • In this case first three codes 402 is city code and it represents city Poladpur (Dist Raigad).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 520 represents branch. In our case branch is located at address Poladpurdistrict Raigad,.

How to find micr code (for example 402013520) 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.