1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. HDFC Bank
  4. Goa
  5. Panaji
  6. North Goa
  7. MICR: 403240002

MICR Code: 403240002

Bank: HDFC Bank
IFSC Code: Hdfc0000059
MICR Code: 403240002
Address: 18 Th June Roadnear Mathais Plazapanjimgoa403 001
City: North Goa
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 403240002.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 240 represents bank HDFC Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 18 Th June Roadnear Mathais Plazapanjimgoa403 001.

How to find micr code (for example 403240002) 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.