MICR Code: 827012003
| Bank: Bank of Baroda |
| IFSC Code: Barb0bokaec |
| MICR Code: 827012003 |
| Address: Crm Building Inside Plant Area Bokaro Steel Plant Dist.- Bokaro |
| City: Bokaro |
| District: Bokaro Steel City |
| State: Jharkhand |
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 827012003.
- In this case first three codes 827 is city code and it represents city Bokaro.
- Next three characters 012 represents bank Bank of Baroda.
- Remaining characters which are 003 represents branch. In our case branch is located at address Crm Building Inside Plant Area Bokaro Steel Plant Dist.- Bokaro.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.