MICR Code: 241013516

Bank: Bank of India
IFSC Code: Bkid0007404
MICR Code: 241013516
Address: Hardoi Unnao Roadmallawan, Dist Hardoi
City: Mallawan (Dist Hardoi)
District: Mallawan (Dist Hardoi)
State: Uttar Pradesh

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 241013516.

  • In this case first three codes 241 is city code and it represents city Mallawan (Dist Hardoi).
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 516 represents branch. In our case branch is located at address Hardoi Unnao Roadmallawan, Dist Hardoi.

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.