| 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 |
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).