MICR Code: 423012001
| Bank: Bank of Baroda |
| IFSC Code: Barb0koperg |
| MICR Code: 423012001 |
| Address: Kopergaon Branch, At. & Post Kopergaon Dist. Ahmednagar, Kopergaon,422605 |
| City: Ahmadnagar |
| District: Kopargaon |
| State: Maharashtra |
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 423012001.
- In this case first three codes 423 is city code and it represents city Ahmadnagar.
- Next three characters 012 represents bank Bank of Baroda.
- Remaining characters which are 001 represents branch. In our case branch is located at address Kopergaon Branch, At. & Post Kopergaon Dist. Ahmednagar, Kopergaon,422605.
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.