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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of Maharashtra
  4. Maharashtra
  5. Karad
  6. Satara
  7. MICR: 415014016

MICR Code: 415014016

Bank: Bank of Maharashtra
IFSC Code: Mahb0000551
MICR Code: 415014016
Address: Opp. Sgm College Vidyanagar, Saidapur Karad
City: Satara
District: Karad
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 415014016.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Opp. Sgm College Vidyanagar, Saidapur Karad.

How to find micr code (for example 415014016) 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.