MICR Code: 493012503

Bank: Bank of Baroda
IFSC Code: Barb0arangx
MICR Code: 493012503
Address: Daga Complex, Main Road, Arang, Dist ┬Û Raipur, Chattisgarh ┬Û 493441.
City: Raipur
District: Arang
State: Chandigarh

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 493012503.

  • In this case first three codes 493 is city code and it represents city Raipur.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Daga Complex, Main Road, Arang, Dist ┬Û Raipur, Chattisgarh ┬Û 493441..

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.