MICR Code: 413570052
| Bank: Maharashtra Gramin Bank |
| IFSC Code: Mahg0004317 |
| MICR Code: 413570052 |
| Address: At Shivaji Chowk Latur Tq Latur Dist Latur |
| City: Latur |
| District: Shivaji Chowk Latur |
| 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 413570052.
- 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 052 represents branch. In our case branch is located at address At Shivaji Chowk Latur Tq Latur Dist Latur.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.