Bank of India Mpgb Badwara (BOI)
Mpgb Badwara · Katni, Madhya Pradesh
482653517 is the MICR code for the Mpgb Badwara branch of Bank of India, located in Katni, Madhya Pradesh. 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 BKID0MG1227.
Bank
Bank of India
Branch & Address
Mpgb Badwara
Badwara Dist Katni
Katni, Katni, Madhya Pradesh
Contact
+918226010396MICR Code Structure
482
City
653
Bank
517
Branch
City code 482 identifies the RBI clearing centre, bank code 653 identifies Bank of India, and branch code 517 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Katni
Other banks in Katni, Madhya Pradesh
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 (BKID0MG1227) 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 482653517 is in the middle, and your account number is on the right.