MICR Code: 431014017

Bank: Bank of Maharashtra
IFSC Code: Mahb0001377
MICR Code: 431014017
Address: Yogeshwari Collage Parli Road, Ambajogai
City: Bid
District: Ambajogai
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 431014017.

  • In this case first three codes 431 is city code and it represents city Bid.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 017 represents branch. In our case branch is located at address Yogeshwari Collage Parli Road, Ambajogai.

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.