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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Maharashtra Gramin Bank
  4. Maharashtra
  5. Neknoor
  6. Beed
  7. MICR: 431570563

MICR Code: 431570563

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004545
MICR Code: 431570563
Address: At Neknoor Tq Beed Dist Beed
City: Beed
District: Neknoor
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 431570563.

  • In this case first three codes 431 is city code and it represents city Beed.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 563 represents branch. In our case branch is located at address At Neknoor Tq Beed Dist Beed.

How to find micr code (for example 431570563) 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.