MICR Code: 403014014

Bank: Bank of Maharashtra
IFSC Code: Mahb0001521
MICR Code: 403014014
Address: Bazar Peth, Mauswada, Pedne, North Goa, Goa 403512
City: North Goa
District: Pernem
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 403014014.

  • In this case first three codes 403 is city code and it represents city North Goa.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Bazar Peth, Mauswada, Pedne, North Goa, Goa 403512.

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.