MICR Code: 481014010

Bank: Bank of Maharashtra
IFSC Code: Mahb0000796
MICR Code: 481014010
Address: Balaghat - Lanji Road, At & Post Bhanegaon, Tehsil Lanji Pin -481066
City: Balaghat
District: Bhanegaon
State: Madhya Pradesh

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 481014010.

  • In this case first three codes 481 is city code and it represents city Balaghat.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Balaghat - Lanji Road, At & Post Bhanegaon, Tehsil Lanji Pin -481066.

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.