MICR Code: 413014054

Bank: Bank of Maharashtra
IFSC Code: Mahb0000814
MICR Code: 413014054
Address: Sakol Tq Nilanga Dist Latur 413544
City: Latur
District: Sakol
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 413014054.

  • In this case first three codes 413 is city code and it represents city Latur.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 054 represents branch. In our case branch is located at address Sakol Tq Nilanga Dist Latur 413544.

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.