MICR Code: 480014018

Bank: Bank of Maharashtra
IFSC Code: Mahb0000689
MICR Code: 480014018
Address: Bazar Chowk Ugli, Tehsil- Keolari, Distt- Seoni 480996
City: Seoni
District: Ugli
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 480014018.

  • In this case first three codes 480 is city code and it represents city Seoni.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 018 represents branch. In our case branch is located at address Bazar Chowk Ugli, Tehsil- Keolari, Distt- Seoni 480996.

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.