MICR Code: 403075002

Bank: Kotak Mahindra Bank Limited
IFSC Code: Kkbk0kmcb71
MICR Code: 403075002
Address: Kokan Mercantile Co- Op Bank Ltd Panjim ( Goa) 1 St Floor, El- Dorado Plaza, Helidoro Salgado Road, Panjim ( Goa)
City: North Goa
District: Panaji
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 403075002.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 075 represents bank Kotak Mahindra Bank Limited.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Kokan Mercantile Co- Op Bank Ltd Panjim ( Goa) 1 St Floor, El- Dorado Plaza, Helidoro Salgado Road, Panjim ( Goa).

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.