MICR code
242013501
Bank of India, Powayan
- Bank
- Bank of India
- Branch
- Powayan
- IFSC
- BKID0006871
- Address
- KHUTAR ROAD POWAYANDISTT SHAHJAHANPUR
- City
- Powayan Up
- District
- Powayan Up
- State
- Uttar Pradesh
- City code
- 242
- Bank code
- 013
- Branch code
- 501
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- 242013501
MICR code · Powayan Up
MICR code 242013501
✔ Verified in RBI list
How to read MICR 242013501
- 242: the city code. It usually follows the first digits of the area's PIN code; here it is Powayan Up.
- 013: the bank code, the same for every branch of Bank of India in cheque clearing.
- 501: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (BKID0006871 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 242013501 belong to?
Bank of India, Powayan branch (Powayan Up, Uttar Pradesh).
What is the IFSC code for MICR 242013501?
BKID0006871.
What do the digits of 242013501 mean?
242 is the city code, 013 the bank code and 501 the branch code.