MICR Code: 403002042

Bank: State Bank of India
IFSC Code: Sbin0006438
MICR Code: 403002042
Address: Chow Dewada, Taluka Parcem, Distt. North Goa, Goa 403512
City: North Goa
District: Parcem
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 403002042.

  • 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 042 represents branch. In our case branch is located at address Chow Dewada, Taluka Parcem, Distt. North Goa, Goa 403512.

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.