MICR Code Of Bank Of India Alibag, Alibaug, Maharashtra

MICR CODE 402013101
Bank Bank Of India
Branch Alibag
IFSC Code IFSC Code Bank Of India
Address 818 & 818k, Balaji Nakatilak Road,p.b.no.11, Alibag
City Alibaug
State Maharashtra

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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).