MICR Code: 243012555

Bank: Bank of Baroda
IFSC Code: Barb0blykhe
MICR Code: 243012555
Address: Shyam Nagar, Khera Nawada , Distt. Badaun-243601, Uttar Pradesh.
City: Budaun
District: Khera Nawada
State: Uttar Pradesh

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 243012555.

  • In this case first three codes 243 is city code and it represents city Budaun.
  • Next three characters 012 represents bank Bank of Baroda.
  • Remaining characters which are 555 represents branch. In our case branch is located at address Shyam Nagar, Khera Nawada , Distt. Badaun-243601, Uttar Pradesh..

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.