Bank of Baroda Ponda, Dist North Goa (BOB)
Ponda, Dist North Goa · Ponda, Goa
403012012 is the MICR code for the Ponda, Dist North Goa branch of Bank of Baroda, located in Ponda, Goa. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code BARB0PONDAX.
Bank
Bank of Baroda
Branch & Address
Ponda, Dist North Goa
Bank of Baroda Angarika Building Opp Almeida High School Ponda
Ponda, Ponda, Goa
Contact
+910221800223344MICR Code Structure
403
City
012
Bank
012
Branch
City code 403 identifies the RBI clearing centre, bank code 012 identifies Bank of Baroda, and branch code 012 identifies this specific branch.
Online Payment Methods Supported
Other Bank of Baroda (BOB) branches near Ponda
Other banks in Ponda, Goa
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (BARB0PONDAX) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 403012012 is in the middle, and your account number is on the right.