Bank of India Bokaro Steel City (BOI)
Bokaro Steel City · Bokaro Steel City, Jharkhand
827013002 is the MICR code for the Bokaro Steel City branch of Bank of India, located in Bokaro Steel City, Jharkhand. 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 BKID0004800.
Bank
Bank of India
Branch & Address
Bokaro Steel City
Plot no E 17city Centre Bokaro Steel City Dist Bokaro
Bokaro Steel City, Bokaro Steel City, Jharkhand
Contact
+916542231283MICR Code Structure
827
City
013
Bank
002
Branch
City code 827 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 Bokaro Steel City
Other banks in Bokaro Steel City, Jharkhand
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 (BKID0004800) 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 827013002 is in the middle, and your account number is on the right.