MICR Code Of Bank Of India Madhapur, Hyderabad, Andhra Pradesh

MICR CODE 500013024
Bank Bank Of India
Branch Madhapur
IFSC Code IFSC Code Bank Of India
Address Plot No.38,, H.no. 1-98/11/3 Grfloorarunodaya Colony, Hitec Theatre Road Mahdapur
City Hyderabad
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).