Bank of India Ramnagar (BOI)
Ramnagar · Ramnagar, Uttarakhand
244013402 is the MICR code for the Ramnagar branch of Bank of India, located in Ramnagar, Uttarakhand. 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 BKID0006893.
Bank
Bank of India
Branch & Address
Ramnagar
Kosi Road Near Sbiramnagar Distt Nainital
Ramnagar, Ramnagar, Uttarakhand
Contact
+919638576466MICR Code Structure
244
City
013
Bank
402
Branch
City code 244 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 402 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Ramnagar
Other banks in Ramnagar, Uttarakhand
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 (BKID0006893) 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 244013402 is in the middle, and your account number is on the right.