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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of India
  4. Goa
  5. Panaji
  6. Panaji
  7. MICR: 403013025

MICR Code: 403013025

Bank: Bank of India
IFSC Code: Bkid0001012
MICR Code: 403013025
Address: Vailankanni, Possrem Bhat, Taleigao, Ilhas Goa
City: Panaji
District: Panaji
State: Goa

What is MICR Code?

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.

Details of MICR Code

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 403013025.

  • In this case first three codes 403 is city code and it represents city Panaji.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 025 represents branch. In our case branch is located at address Vailankanni, Possrem Bhat, Taleigao, Ilhas Goa.

How to find micr code (for example 403013025) from bank account number?

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.