MICR Code: 402014512

Bank: Bank of Maharashtra
IFSC Code: Mahb0000900
MICR Code: 402014512
Address: Jain Plaza, Vani Ali, Tilak Road, Tal. Shriwardhan , Dist. Raigad 421110.
City: Raigad
District: Shrivardhan
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 402014512.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 512 represents branch. In our case branch is located at address Jain Plaza, Vani Ali, Tilak Road, Tal. Shriwardhan , Dist. Raigad 421110..

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.