MICR Code: 403011003

Bank: Andhra Bank
IFSC Code: Andb0001087
MICR Code: 403011003
Address: Shop No: Ugsh 1 To 5, Sweet Home Symphonynear Railway Fly Over, N H -17
City: South Goa
District: Margao Branch
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 403011003.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 011 represents bank Andhra Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Shop No: Ugsh 1 To 5, Sweet Home Symphonynear Railway Fly Over, N H -17.

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.