MICR Code: 587014199

Bank: Bank of Maharashtra
IFSC Code: Mahb0001667
MICR Code: 587014199
Address: 4080/A2, Opp. Bill Memorial School, Near Police Station, Mudhol- 587313 Dist. Bagalkot
City: Bagalkote
District: Mudhol
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 587014199.

  • 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 199 represents branch. In our case branch is located at address 4080/A2, Opp. Bill Memorial School, Near Police Station, Mudhol- 587313 Dist. Bagalkot.

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.