MICR Code: 431570674

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004239
MICR Code: 431570674
Address: At Manwat Tq Manwat Dist Parbhani
City: Parbhani
District: Manwat
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 431570674.

  • In this case first three codes 431 is city code and it represents city Parbhani.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 674 represents branch. In our case branch is located at address At Manwat Tq Manwat Dist Parbhani.

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.