MICR Code: 403013054

Bank: Bank of India
IFSC Code: Bkid0001055
MICR Code: 403013054
Address: Sumitralay Building Ground Floor House No 1273 8 Auchit Wada Tivim Bardez Goa 403502
City: North Goa
District: Tivim
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 403013054.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 054 represents branch. In our case branch is located at address Sumitralay Building Ground Floor House No 1273 8 Auchit Wada Tivim Bardez Goa 403502.

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.