MICR Code: 587014302

Bank: Bank of Maharashtra
IFSC Code: Mahb0001513
MICR Code: 587014302
Address: Dwarakadhesh Umarameshwar Temple Complex, Kacheri Road, Jamkhandi, Karnataka State
City: Bagalkote
District: Jamkhandi
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 587014302.

  • In this case first three codes 587 is city code and it represents city Bagalkote.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Dwarakadhesh Umarameshwar Temple Complex, Kacheri Road, Jamkhandi, Karnataka State.

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.