MICR Code: 496014001

Bank: Bank of Maharashtra
IFSC Code: Mahb0001696
MICR Code: 496014001
Address: Old Palace Road, Old Sadar Bazar, Near Hatri Chowk, Raigarh, Chhattisgarh State 496001
City: Raigarh
District: Raigarh
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 496014001.

  • In this case first three codes 496 is city code and it represents city Raigarh.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Old Palace Road, Old Sadar Bazar, Near Hatri Chowk, Raigarh, Chhattisgarh State 496001.

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.