MICR Code: 403

Bank: United Bank of India
IFSC Code: Utbi0mpa682
MICR Code: 403
Address: Shop-S-4,S-5,&G-2,, Divakar Galaxy, Marod,
City: North Goa
District: Mapusa Goa
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 403.

  • In this case first three codes 403 is city code and it represents city North Goa.

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.