1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of Maharashtra
  4. Maharashtra
  5. Malegaon Bazar
  6. Akola
  7. MICR: 423014003

MICR Code: 423014003

Bank: Bank of Maharashtra
IFSC Code: Mahb0000278
MICR Code: 423014003
Address: Shaniwarwada Malegaon 423203
City: Akola
District: Malegaon Bazar
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 423014003.

  • In this case first three codes 423 is city code and it represents city Akola.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Shaniwarwada Malegaon 423203.

How to find micr code (for example 423014003) 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.