MICR Code: 400014031

Bank: Bank of Maharashtra
IFSC Code: Mahb0000588
MICR Code: 400014031
Address: 1027 Mantri Corner Sayani Road Mumbai 400025
City: Greater Bombay
District: Mumbai
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 400014031.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 031 represents branch. In our case branch is located at address 1027 Mantri Corner Sayani Road Mumbai 400025.

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.