MICR Code: 403012023

Bank: Bank of Baroda
IFSC Code: Barb0varcax
MICR Code: 403012023
Address: Varca, Salcet, Goa 403721
City: Varca
District: Varca
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 403012023.

  • In this case first three codes 403 is city code and it represents city Varca.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Varca, Salcet, Goa 403721.

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.