| MICR CODE | 731016587 |
|---|---|
| Bank | Maharashtra Gramin Bank |
| Branch | Madhi |
| IFSC Code | IFSC Code Maharashtra Gramin Bank |
| Address | At Madhi Tq Dist Ahmednagar |
| City | Madhi |
| State | Maharashtra |
Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).