MICR Code: 402013534

Bank: Bank of India
IFSC Code: Bkid0001257
MICR Code: 402013534
Address: House No 19 Ambewadi Naka Kolad Taluka Roha Dist Raigad402116
City: Raigad
District: Roha
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 402013534.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 534 represents branch. In our case branch is located at address House No 19 Ambewadi Naka Kolad Taluka Roha Dist Raigad402116.

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.