MICR Code: 323012050

Bank: Bank of Baroda
IFSC Code: Barb0lakher
MICR Code: 323012050
Address: Lakheri, Dist Bundi Rajasthan 323603
City: Bundi
District: Lakheri
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 323012050.

  • In this case first three codes 323 is city code and it represents city Bundi.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 050 represents branch. In our case branch is located at address Lakheri, Dist Bundi Rajasthan 323603.

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.