MICR Code: 431014048

Bank: Bank of Maharashtra
IFSC Code: Mahb0000510
MICR Code: 431014048
Address: Main Road, Apegaon, Teh. Paithan 431107
City: Aurangabad
District: Apegaon
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 431014048.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 048 represents branch. In our case branch is located at address Main Road, Apegaon, Teh. Paithan 431107.

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.