Bank of India Baikunthpur (BOI)
Baikunthpur · Baikunthpur Cg, Chhattisgarh
497013502 is the MICR code for the Baikunthpur branch of Bank of India, located in Baikunthpur Cg, 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 BKID0009385.
Bank
Bank of India
Branch & Address
Baikunthpur
Bai Sagar Complex Ward No08baikunthpur Dist Koria Chhattisgarh
Baikunthpur Cg, Baikunthpur Cg, Chhattisgarh
Contact
+917836232131MICR Code Structure
497
City
013
Bank
502
Branch
City code 497 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 502 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Baikunthpur Cg
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 (BKID0009385) 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 497013502 is in the middle, and your account number is on the right.