Bank of India Charama Branch (BOI)
Charama Branch · Charama, Chhattisgarh
494013002 is the MICR code for the Charama Branch branch of Bank of India, located in Charama, Chhattisgarh. 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 BKID0009389.
Bank
Bank of India
Branch & Address
Charama Branch
Ward no 14 Opp Deendayal Chowk Kanker Dst Cg 494337
Charama, Charama, Chhattisgarh
Contact
+919439441550MICR Code Structure
494
City
013
Bank
002
Branch
City code 494 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Charama
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 (BKID0009389) 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 494013002 is in the middle, and your account number is on the right.