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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Indian Overseas Bank
  4. Goa
  5. Santo Estevam
  6. North Goa
  7. MICR: 403020004

MICR Code: 403020004

Bank: Indian Overseas Bank
IFSC Code: Ioba0000166
MICR Code: 403020004
Address: E393, Manguerial Santo Estevam Ilhas, Goa Pin 403106
City: North Goa
District: Santo Estevam
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 403020004.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 004 represents branch. In our case branch is located at address E393, Manguerial Santo Estevam Ilhas, Goa Pin 403106.

How to find micr code (for example 403020004) 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.