Bank of India Bayad (BOI)
Bayad · Bayad Gj, Gujarat
383013111 is the MICR code for the Bayad branch of Bank of India, located in Bayad Gj, Gujarat. 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 BKID0002405.
Bank
Bank of India
Branch & Address
Bayad
Shop no 1 to 4 Shree Subh Complexopp Taluka Panchayat Dist Sabarkantha
Bayad Gj, Bayad Gj, Gujarat
Contact
+919655576224MICR Code Structure
383
City
013
Bank
111
Branch
City code 383 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 111 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Bayad Gj
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 (BKID0002405) 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 383013111 is in the middle, and your account number is on the right.