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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Bank of Maharashtra
  4. Maharashtra
  5. Palaspa
  6. Raigad
  7. MICR: 400014503

MICR Code: 400014503

Bank: Bank of Maharashtra
IFSC Code: Mahb0000630
MICR Code: 400014503
Address: Parshuram Smruti, Bombay Goa Highway, Near St Bus Stop, Palaspa, Taluka Panvel 410206 Dist. Raigad.
City: Raigad
District: Palaspa
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 400014503.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Parshuram Smruti, Bombay Goa Highway, Near St Bus Stop, Palaspa, Taluka Panvel 410206 Dist. Raigad..

How to find micr code (for example 400014503) 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.