MICR Code: 481014011

Bank: Bank of Maharashtra
IFSC Code: Mahb0000848
MICR Code: 481014011
Address: Sanchetti Bhawan, 1 St Floor, Nehru Chowk, Waraseoni Pin-481331
City: Balaghat
District: Waraseoni
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 481014011.

  • 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 011 represents branch. In our case branch is located at address Sanchetti Bhawan, 1 St Floor, Nehru Chowk, Waraseoni Pin-481331.

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.