MICR Code: 403418023

Bank: HDFC Bank
IFSC Code: Hdfc0cmbg23
MICR Code: 403418023
Address: Jovial Apartments, Santa Cruz Goa. 403 005.
City: North Goa
District: Santa Cruz
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 403418023.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 418 represents bank HDFC Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Jovial Apartments, Santa Cruz Goa. 403 005..

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.