1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. NKGSB Cooperative Bank Ltd
  4. Goa
  5. Ponda
  6. Ponda
  7. MICR: 403086003

MICR Code: 403086003

Bank: NKGSB Cooperative Bank Ltd
IFSC Code: Nkgs0000017
MICR Code: 403086003
Address: Royal House, Kaziwada, Belgaum Road, Ponda, Goa-403401,
City: Ponda
District: Ponda
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 403086003.

  • In this case first three codes 403 is city code and it represents city Ponda.
  • Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Royal House, Kaziwada, Belgaum Road, Ponda, Goa-403401,.

How to find micr code (for example 403086003) 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.