MICR Code: 400012181

Bank: Bank of Baroda
IFSC Code: Barb0newpan
MICR Code: 400012181
Address: Shop No. 25 To28, Shree Ji Sangh Chs, Near Shree Krupa Hall, Sector 7 Khanda Colony, New Panvel, Raigad Dt., Maharashtra ┬Û 410206.
City: Raigad
District: Raigad
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 400012181.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 181 represents branch. In our case branch is located at address Shop No. 25 To28, Shree Ji Sangh Chs, Near Shree Krupa Hall, Sector 7 Khanda Colony, New Panvel, Raigad Dt., Maharashtra ┬Û 410206..

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.