MICR Code: 413013505
| Bank: Bank of India |
| IFSC Code: Bkid0000734 |
| MICR Code: 413013505 |
| Address: Opp. S.T. Stand, At & Post Shirwaltaluka Akalkot, Dist Solapur |
| City: Shirwal (Dist Solapur) |
| District: Shirwal (Dist Solapur) |
| 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 413013505.
- In this case first three codes 413 is city code and it represents city Shirwal (Dist Solapur).
- Next three characters 013 represents bank Bank of India.
- Remaining characters which are 505 represents branch. In our case branch is located at address Opp. S.T. Stand, At & Post Shirwaltaluka Akalkot, Dist Solapur.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.