MICR Code: 403014015

Bank: Bank of Maharashtra
IFSC Code: Mahb0001534
MICR Code: 403014015
Address: Omkar Building, Nagarcem- Chaudi, Near Ktc Bust Stand, Canacona Goa - 403702
City: South Goa
District: Canacona
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 403014015.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 015 represents branch. In our case branch is located at address Omkar Building, Nagarcem- Chaudi, Near Ktc Bust Stand, Canacona Goa - 403702.

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.