MICR Code: 431014023

Bank: Bank of Maharashtra
IFSC Code: Mahb0000720
MICR Code: 431014023
Address: Yadav Complex, Opp. Workshop Srinagar Assdullabad, Nanded
City: Nanded
District: Nanded
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 431014023.

  • In this case first three codes 431 is city code and it represents city Nanded.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Yadav Complex, Opp. Workshop Srinagar Assdullabad, Nanded.

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.