Bank of India Chodavaram (BOI)
Chodavaram · Chodavaram Dist Visakhapatnam, Andhra Pradesh
530013202 is the MICR code for the Chodavaram branch of Bank of India, located in Chodavaram Dist Visakhapatnam, Andhra 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 BKID0005602.
Bank
Bank of India
Branch & Address
Chodavaram
Door no 9 1333nowdu Veedhi
Chodavaram Dist Visakhapatnam, Chodavaram Dist Visakhapatnam, Andhra Pradesh
Contact
+918934247677MICR Code Structure
530
City
013
Bank
202
Branch
City code 530 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 202 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Chodavaram Dist Visakhapatnam
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 (BKID0005602) 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 530013202 is in the middle, and your account number is on the right.