MICR Code: 401014503

Bank: Bank of Maharashtra
IFSC Code: Mahb0000692
MICR Code: 401014503
Address: Musaf Manzil, Main Road, Jawhar, Taluka Jawhar - 401603
City: Thane
District: Jawhar
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 401014503.

  • In this case first three codes 401 is city code and it represents city Thane.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Musaf Manzil, Main Road, Jawhar, Taluka Jawhar - 401603.

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.