MICR Code: 403012012

Bank: Bank of Baroda
IFSC Code: Barb0pondax
MICR Code: 403012012
Address: Bank Of Baroda Angarika Building Opp Almeida High School Ponda
City: Ponda
District: Ponda
State: Goa

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 403012012.

  • In this case first three codes 403 is city code and it represents city Ponda.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Bank Of Baroda Angarika Building Opp Almeida High School Ponda.

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.