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MICR code · Paradeep

MICR code 754013002

MICR code
754013002
Bank of India, Paradeep
✔ Verified in RBI list
Bank
Bank of India
Branch
Paradeep
IFSC
BKID0005103
Address
467 CORE SECTORPARADEEP PORT
City
Paradeep
District
Paradeep
State
Odisha
City code
754
Bank code
013
Branch code
002
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 754013002 belongs to Bank of India, Paradeep branch in Paradeep, Odisha. The matching IFSC code is BKID0005103.

How to read MICR 754013002

  • 754: the city code. It usually follows the first digits of the area's PIN code; here it is Paradeep.
  • 013: the bank code, the same for every branch of Bank of India in cheque clearing.
  • 002: 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 (BKID0005103 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 754013002 belong to?

Bank of India, Paradeep branch (Paradeep, Odisha).

What is the IFSC code for MICR 754013002?

BKID0005103.

What do the digits of 754013002 mean?

754 is the city code, 013 the bank code and 002 the branch code.

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