Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 700013020 belongs to Bank of India, Free School Street branch in Kolkata, West Bengal. The matching IFSC code is BKID0004032.
How to read MICR 700013020
700: the city code. It usually follows the first digits of the area's PIN code; here it is Kolkata.
013: the bank code, the same for every branch of Bank of India in cheque clearing.
020: 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 (BKID0004032 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 700013020 belong to?
Bank of India, Free School Street branch (Kolkata, West Bengal).
What is the IFSC code for MICR 700013020?
BKID0004032.
What do the digits of 700013020 mean?
700 is the city code, 013 the bank code and 020 the branch code.
