1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of Maharashtra
  4. Maharashtra
  5. Bawadhan
  6. Satara
  7. MICR: 412014031

MICR Code: 412014031

Bank: Bank of Maharashtra
IFSC Code: Mahb0000369
MICR Code: 412014031
Address: Hugde Bldg 1308 Bawdhan, Tal Wai 412804
City: Satara
District: Bawadhan
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 412014031.

  • In this case first three codes 412 is city code and it represents city Satara.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 031 represents branch. In our case branch is located at address Hugde Bldg 1308 Bawdhan, Tal Wai 412804.

How to find micr code (for example 412014031) from bank account number?

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.