MICR Code: 587012102

Bank: Bank of Baroda
IFSC Code: Barb0mudhol
MICR Code: 587012102
Address: Dr Hosurs Complex, Basavanagar, Rana Circle, Mudhole, Karnataka - 587 313
City: Bagalkot
District: Mudhol
State: Karnataka

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 587012102.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Dr Hosurs Complex, Basavanagar, Rana Circle, Mudhole, Karnataka - 587 313.

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.