MICR Code: 400014259

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0005632
MICR Code: 400014259
Address: At Ghansoli Tq Dist Thane
City: Thane
District: Ghansoli
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 400014259.

  • In this case first three codes 400 is city code and it represents city Thane.
  • Next three characters 014 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 259 represents branch. In our case branch is located at address At Ghansoli Tq Dist Thane.

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.