MICR Code: 412014399

Bank: Bank of Maharashtra
IFSC Code: Mahb0001630
MICR Code: 412014399
Address: Vanraj Bldg Shivaji Chowk Near Panchayat Samiti Khandala 412802 Dist - Satara
City: Satara
District: Khandala
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 412014399.

  • 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 399 represents branch. In our case branch is located at address Vanraj Bldg Shivaji Chowk Near Panchayat Samiti Khandala 412802 Dist - Satara.

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.