MICR Code: 416014016

Bank: Bank of Maharashtra
IFSC Code: Mahb0000150
MICR Code: 416014016
Address: Shri B . Desai Complex Main Road Ajra Kolhapur-416505
City: Kolhapur
District: Ajra
State: Maharashtra

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 416014016.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Shri B . Desai Complex Main Road Ajra Kolhapur-416505.

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.