Bank of India Balachaur (BOI)
Balachaur · Nawanshahr, Punjab
144013927 is the MICR code for the Balachaur branch of Bank of India, located in Nawanshahr, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code BKID0006346.
Bank
Bank of India
Branch & Address
Balachaur
Garhshankar Road Balachaur Distt Sahid Bhagat Singh Nagar Nawanshahar Punjab 144521
Nawanshahr, Nawanshahar, Punjab
Contact
+911885223934MICR Code Structure
144
City
013
Bank
927
Branch
City code 144 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 927 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Nawanshahr
Other banks in Nawanshahr, Punjab
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (BKID0006346) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 144013927 is in the middle, and your account number is on the right.