MICR Code Of Bank Of India Mangalagiri, Guntur, Andhra Pradesh

MICR CODE 520013302
Bank Bank Of India
Branch Mangalagiri
IFSC Code IFSC Code Bank Of India
Address Raja Rajeeswari Towers Opp Old Bus Stand Nidamanuru Road Mangalagiri 522503
City Guntur
State Andhra Pradesh

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What is a MICR Code?

Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).