MICR Code: 495014299

Bank: Bank of Maharashtra
IFSC Code: Mahb0001695
MICR Code: 495014299
Address: Plot No. 784, Main Road, Shubhash Chowk, Kosabari, Korba, Chhattisgarh ┬Û 495677
City: Korba
District: Korba
State: Chandigarh

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 495014299.

  • In this case first three codes 495 is city code and it represents city Korba.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 299 represents branch. In our case branch is located at address Plot No. 784, Main Road, Shubhash Chowk, Kosabari, Korba, Chhattisgarh ┬Û 495677.

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.