Bank of India Raniganj (BOI)
Raniganj · Araria, Bihar
854013005 is the MICR code for the Raniganj branch of Bank of India, located in Araria, Bihar. 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 BKID0006295.
Bank
Bank of India
Branch & Address
Raniganj
Ward No.12 Ramanjee More Raniganj Post-mariganj Dist-araria Bihar-854334
Araria, Raniganj, Bihar
Contact
+918210707974MICR Code Structure
854
City
013
Bank
005
Branch
City code 854 identifies the RBI clearing centre, bank code 013 identifies Bank of India, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Bank of India (BOI) branches near Araria
Other banks in Araria, Bihar
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 (BKID0006295) 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 854013005 is in the middle, and your account number is on the right.