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Bank of Baroda Neelbad, Bhopal, Madhya Pradesh (BOB)

Neelbad, Bhopal, Madhya Pradesh · Bhopal, Madhya Pradesh

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462012503

462012503 is the MICR code for the Neelbad, Bhopal, Madhya Pradesh branch of Bank of Baroda, located in Bhopal, Madhya Pradesh. 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 BARB0NEELBA.

Bank

Bank of Baroda

Branch & Address

Neelbad, Bhopal, Madhya Pradesh

Main Road, Neelbad, Dist Bhopal, Madhya Pradesh 462044

Bhopal, Neelbad, Madhya Pradesh

Codes for this Branch

MICR (cheques)

462012503

IFSC (online transfers)

BARB0NEELBA

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MICR Code Structure

462

City

012

Bank

503

Branch

City code 462 identifies the RBI clearing centre, bank code 012 identifies Bank of Baroda, and branch code 503 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Bank of Baroda (BOB) branches near Bhopal

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 (BARB0NEELBA) 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 462012503 is in the middle, and your account number is on the right.

View full branch details for IFSC BARB0NEELBA