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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Goa
  5. Panaji
  6. South Goa
  7. MICR: 403002056

MICR Code: 403002056

Bank: State Bank of India
IFSC Code: Sbin0010723
MICR Code: 403002056
Address: Headland Sada, Mpt New Administrative Bldg, Goa 403804
City: South Goa
District: Panaji
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 403002056.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 056 represents branch. In our case branch is located at address Headland Sada, Mpt New Administrative Bldg, Goa 403804.

How to find micr code (for example 403002056) 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.