Bank of India Sunabeda (BOI)
Sunabeda · Sunabeda Dist Koraput, Odisha
763013002 is the MICR code for the Sunabeda branch of Bank of India, located in Sunabeda Dist Koraput, 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 BKID0005440.
Bank
Bank of India
Branch & Address
Sunabeda
Milan Market Sector Iihal Townshipdist Koraput
Sunabeda Dist Koraput, Sunabeda Dist Koraput, Odisha
Contact
+916853220237MICR Code Structure
763
City
013
Bank
002
Branch
City code 763 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 Sunabeda Dist Koraput
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 (BKID0005440) 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 763013002 is in the middle, and your account number is on the right.