MICR Code: 327012533

Bank: Bank of Baroda
IFSC Code: Barb0paloda
MICR Code: 327012533
Address: Paloda, Dist. Banswara, Rajasthan - 327 001.
City: Banswara
District: Banswara
State: Rajasthan

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 327012533.

  • In this case first three codes 327 is city code and it represents city Banswara.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 533 represents branch. In our case branch is located at address Paloda, Dist. Banswara, Rajasthan - 327 001..

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.