Bank of India Kaptipada (BOI)
Kaptipada · Mayurbhanj, Odisha
757013539 is the MICR code for the Kaptipada branch of Bank of India, located in Mayurbhanj, Odisha. 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 BKID0005480.
Bank
Bank of India
Branch & Address
Kaptipada
Atpo Kaptipadadist Mayurbhanj
Mayurbhanj, Mayurbhanj, Odisha
Contact
+919638576372MICR Code Structure
757
City
013
Bank
539
Branch
City code 757 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 539 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Mayurbhanj
Other banks in Mayurbhanj, Odisha
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 (BKID0005480) 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 757013539 is in the middle, and your account number is on the right.