1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Maharashtra Gramin Bank
  4. Maharashtra
  5. Akola Road Hingoli
  6. Hingoli
  7. MICR: 431570403

MICR Code: 431570403

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004262
MICR Code: 431570403
Address: At Akola Road Hingoli Tq Hingoli Dist Hingoli
City: Hingoli
District: Akola Road Hingoli
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 431570403.

  • In this case first three codes 431 is city code and it represents city Hingoli.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 403 represents branch. In our case branch is located at address At Akola Road Hingoli Tq Hingoli Dist Hingoli.

How to find micr code (for example 431570403) 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.