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Bank of India Svg Market Complex C and P (BOI)

Svg Market Complex C and P · Rajamundry, Andhra Pradesh

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533013104

533013104 is the MICR code for the Svg Market Complex C and P branch of Bank of India, located in Rajamundry, 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 BKID0008694.

Bank

Bank of India

Branch & Address

Svg Market Complex C and P

Svg Market Complexopp Rtc Bus Complex

Rajamundry, Rajamundry, Andhra Pradesh

Contact

+918832441986

Codes for this Branch

MICR (cheques)

533013104

IFSC (online transfers)

BKID0008694

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MICR Code Structure

533

City

013

Bank

104

Branch

City code 533 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 104 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Bank of India (BOI) branches near Rajamundry

Other banks in Rajamundry, Andhra 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 (BKID0008694) 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 533013104 is in the middle, and your account number is on the right.

View full branch details for IFSC BKID0008694