MICR Code: 403240032

Bank: HDFC Bank
IFSC Code: Hdfc0002742
MICR Code: 403240032
Address: Alto Dabolim Business Centre, 146L, First Floor, Dabolim, South Goa Dist. Dabolim Goa 403801
City: South Goa
District: Chicalim
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 403240032.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 032 represents branch. In our case branch is located at address Alto Dabolim Business Centre, 146L, First Floor, Dabolim, South Goa Dist. Dabolim Goa 403801.

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.