MICR Code: 450014003

Bank: Bank of Maharashtra
IFSC Code: Mahb0000517
MICR Code: 450014003
Address: Village Ghhegaon Makhan District Khandwa
City: East Nimar
District: Chhegaon Makhan
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 450014003.

  • In this case first three codes 450 is city code and it represents city East Nimar.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Village Ghhegaon Makhan District Khandwa.

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.