What is the IFSC code for MICR 431013005?

The IFSC code for Bank of India Shendra Industrial Estate branch (MICR: 431013005) is BKID0000685. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (431) represent the city/clearing centre, the next 3 digits (013) identify the bank, and the last 3 digits (005) identify the specific branch. For 431013005, the city code is 431, bank code is 013, and branch code is 005.

Bank of India Shendra Industrial Estate (BOI)

Q: Which bank does MICR code 431013005 belong to?

MICR code 431013005 belongs to Bank of India, Shendra Industrial Estate branch, located at Gat no 326 Near Jagtap Petrol Pump Oppshendra Midc Kumbhephal Village Tal Dis, Aurangabad, Maharashtra. The corresponding IFSC code is BKID0000685.

Shendra Industrial Estate · Aurangabad, Maharashtra

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431013005

431013005 is the MICR code for the Shendra Industrial Estate branch of Bank of India, located in Aurangabad, Maharashtra. 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 BKID0000685.

Bank

Bank of India

Branch & Address

Shendra Industrial Estate

Gat no 326 Near Jagtap Petrol Pump Oppshendra Midc Kumbhephal Village Tal Dis

Aurangabad, Aurangabad, Maharashtra

Contact

+917283233035

Codes for this Branch

MICR (cheques)

431013005

IFSC (online transfers)

BKID0000685

View

MICR Code Structure

431

City

013

Bank

005

Branch

City code 431 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 005 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other Bank of India (BOI) branches near Aurangabad

Aurangabad Aurangabad, Maharashtra BKID0000680 Aurangabad Bihar Aurangabad, Bihar BKID0004591 Daudnagar Aurangabad, Bihar BKID0006245 Garkheda Aurangabad, Maharashtra BKID0000682 Lasur Station Aurangabad, Maharashtra BKID0000684 Obra Aurangabad, Bihar BKID0006251

Other banks in Aurangabad, Maharashtra

Abhyudaya Co-operative Bank 2 branches Ahmednagar Merchants Co-operative Bank 2 branches Akola Janata Commercial Co-operative Bank 1 branch Akola Urban Co-operative Bank 1 branch Ankola Urban Co-operative Bank 1 branch AU Small Finance Bank 3 branches Axis Bank 13 branches Bandhan Bank 8 branches

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 (BKID0000685) 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 431013005 is in the middle, and your account number is on the right.

View full branch details for IFSC BKID0000685