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It is very important to find MICR code 242013501 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 242013501 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
242013501 is the MICR Code for Powayan branch of Bank Of India. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Bank Of India account. The address of Powayan branch is C/o smt naraiyan kaur d/o, mariyam singh, khutar powayan road, powayan, district:shahjahanpur,(up) pin-242401, which is located in Shahjahanpur District of Uttar Pradesh State.
In BOI MICR Code, the first 4 characters (2420) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (3501) represent the Bank Of India branch code.
Find more information on MICR Code 242013501 of Bank Of India Powayan Branch MICR Code Powayan for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 242013501 details before initiating any transaction!