MICR Code Of Bank Of India Saphale East, Palghar, Maharashtra

MICR CODE 400013501
Bank Bank Of India
Branch Saphale East
IFSC Code IFSC Code Bank Of India
Address Gala No 8 To 12 Sangam Building No 05 Swastik Park Gat No 57 3 14 Mauze Kardal Saphale East 401102
City Palghar
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).