MICR Code: 413570619

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004326
MICR Code: 413570619
Address: At Kharosa Tq Ausa Dist Latur
City: Latur
District: Kharosa
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 413570619.

  • In this case first three codes 413 is city code and it represents city Latur.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 619 represents branch. In our case branch is located at address At Kharosa Tq Ausa Dist Latur.

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.