MICR Code: 400014268

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0005902
MICR Code: 400014268
Address: At Dahivali Tq Dist Raigad
City: Raigad
District: Dahivali
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 400014268.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 014 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 268 represents branch. In our case branch is located at address At Dahivali Tq Dist Raigad.

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.