MICR Code: 524014002

Bank: Bank of Maharashtra
IFSC Code: Mahb0001345
MICR Code: 524014002
Address: Door No 25 02-1474A 1 St Floor G.N.T Road Vedayapalem Nellore - 524004
City: Nellore
District: Nellore
State: Andhra 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 524014002.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Door No 25 02-1474A 1 St Floor G.N.T Road Vedayapalem Nellore - 524004.

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.