MICR Code: 481014005

Bank: Bank of Maharashtra
IFSC Code: Mahb0000633
MICR Code: 481014005
Address: Near Gujri Chowk, Villege & Post Hatta Tehsil Balaghat Pin 481226
City: Balaghat
District: Hatta
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 481014005.

  • 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 005 represents branch. In our case branch is located at address Near Gujri Chowk, Villege & Post Hatta Tehsil Balaghat Pin 481226.

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.