MICR Code: 500012018

Bank: Bank of Baroda
IFSC Code: Barb0pbbhyd
MICR Code: 500012018
Address: 8-2-596/5 Banjara Hills Road No 10 Opp: Karvy Consultant
City: Hyderabad
District: Hyderabad
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500012018.

  • In this case first three codes 500 is city code and it represents city Hyderabad.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 018 represents branch. In our case branch is located at address 8-2-596/5 Banjara Hills Road No 10 Opp: Karvy Consultant.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.