MICR Code: 481010503

Bank: Allahabad Bank
IFSC Code: Alla0210999
MICR Code: 481010503
Address: Vill. & P.O. Jarra Mohgaon , Distt. Balaghat, Madhya Pradesh
City: Balaghat
District: Jara Mahgaon
State: Madhya Pradesh

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 481010503.

  • In this case first three codes 481 is city code and it represents city Balaghat.
  • Next three characters 010 represents bank Allahabad Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Vill. & P.O. Jarra Mohgaon , Distt. Balaghat, Madhya Pradesh.

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.