MICR Code: 243014202

Bank: Bank of Maharashtra
IFSC Code: Mahb0001748
MICR Code: 243014202
Address: Bank Of Maharashtra, Indra Chowk, Civil Lines, Badaun - 243601 U.P.
City: Budaun
District: Badaun
State: Uttar Pradesh

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 243014202.

  • In this case first three codes 243 is city code and it represents city Budaun.
  • Next three characters 014 represents bank Bank of Maharashtra.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Bank Of Maharashtra, Indra Chowk, Civil Lines, Badaun - 243601 U.P..

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.