MICR Code: 503012102

Bank: Bank of Baroda
IFSC Code: Barb0kamare
MICR Code: 503012102
Address: 5 3 992 Opp,R & B Guest House, Nh -7, Dist Nizamabad, Andhra Pradesh ┬Û 503111.
City: Nizamabad
District: Nizamabad
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 503012102.

  • In this case first three codes 503 is city code and it represents city Nizamabad.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 102 represents branch. In our case branch is located at address 5 3 992 Opp,R & B Guest House, Nh -7, Dist Nizamabad, Andhra Pradesh ┬Û 503111..

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.