MICR Code: 403010003
| Bank: Allahabad Bank |
| IFSC Code: Alla0210994 |
| MICR Code: 403010003 |
| Address: Hotel Satya Heera Building, Near Hanuman Temple, Mapusa, Northgoa 403507 |
| City: North Goa |
| District: Mapusa |
| State: Goa |
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 403010003.
- In this case first three codes 403 is city code and it represents city North Goa.
- Next three characters 010 represents bank Allahabad Bank.
- Remaining characters which are 003 represents branch. In our case branch is located at address Hotel Satya Heera Building, Near Hanuman Temple, Mapusa, Northgoa 403507.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.