MICR Code: 415013001

Bank: Bank of India
IFSC Code: Bkid0001308
MICR Code: 415013001
Address: ` Jeevan Tara', Lic Divisional Office Bldg., Opp. Collector Office, Satara,
City: Satara
District: Satara
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 415013001.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 001 represents branch. In our case branch is located at address ` Jeevan Tara', Lic Divisional Office Bldg., Opp. Collector Office, Satara,.

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.