MICR Code: 413570659

Bank: Maharashtra Gramin Bank
IFSC Code: Mahg0004432
MICR Code: 413570659
Address: At Wagholi Tq Osmanabad Dist Osmanabad
City: Osmanabad
District: Wagholi
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 413570659.

  • In this case first three codes 413 is city code and it represents city Osmanabad.
  • Next three characters 570 represents bank Maharashtra Gramin Bank.
  • Remaining characters which are 659 represents branch. In our case branch is located at address At Wagholi Tq Osmanabad Dist Osmanabad.

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.