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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Maharashtra Gramin Bank
  4. Maharashtra
  5. Satana
  6. Nasik
  7. MICR: 423570151

MICR Code: 423570151

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0005706
MICR Code: 423570151
Address: At Satana Tq Dist Nasik
City: Nasik
District: Satana
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 423570151.

  • In this case first three codes 423 is city code and it represents city Nasik.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 151 represents branch. In our case branch is located at address At Satana Tq Dist Nasik.

How to find micr code (for example 423570151) 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.