MICR Code: 403015016

Bank: Canara Bank
IFSC Code: Cnrb0000252
MICR Code: 403015016
Address: Village Panchayat Building, , Mallem- Sancordem, South Goa Dist, Goa - 403 406
City: South Goa
District: Sancordem
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 403015016.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Village Panchayat Building, , Mallem- Sancordem, South Goa Dist, Goa - 403 406.

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.