MICR Code: 403002060

Bank: State Bank of India
IFSC Code: Sbin0010722
MICR Code: 403002060
Address: Domestic Terminal, Dabolim Airport, Goa 403802
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 403002060.

  • 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 060 represents branch. In our case branch is located at address Domestic Terminal, Dabolim Airport, Goa 403802.

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.