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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Goa
  5. Goa
  6. North Goa
  7. MICR: 403002025

MICR Code: 403002025

Bank: State Bank of India
IFSC Code: Sbin0000557
MICR Code: 403002025
Address: Ponda, Gracias Bldg, Margao Rd, Goa - 403401
City: North Goa
District: Goa
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 403002025.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 025 represents branch. In our case branch is located at address Ponda, Gracias Bldg, Margao Rd, Goa - 403401.

How to find micr code (for example 403002025) 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.