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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. The South Indian Bank Ltd
  4. Goa
  5. Margao
  6. South Goa
  7. MICR: 403059003

MICR Code: 403059003

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000364
MICR Code: 403059003
Address: Margao Branch, Casa Dos Aliados, Next To Gomant Vidya Niketan, Abade Faria Road, South- Goa, Goa , Pin-403601
City: South Goa
District: Margao
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 403059003.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Margao Branch, Casa Dos Aliados, Next To Gomant Vidya Niketan, Abade Faria Road, South- Goa, Goa , Pin-403601.

How to find micr code (for example 403059003) 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.