MICR Code: 590014003

Bank: Bank of Maharashtra
IFSC Code: Mahb0000423
MICR Code: 590014003
Address: Angol Branch, Wada Compound, Angol, Belgaum - 590006
City: Belgaum
District: Belgaum
State: Karnataka

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 590014003.

  • In this case first three codes 590 is city code and it represents city Belgaum.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Angol Branch, Wada Compound, Angol, Belgaum - 590006.

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.