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MICR code · Beed

MICR code 431570565

MICR code
431570565
Maharashtra Gramin Bank, Rajuri Bk
✔ Verified in RBI list
Bank
Maharashtra Gramin Bank
Branch
Rajuri Bk
IFSC
MAHG0004537
Address
AT RAJURI BK TQ BEED DIST BEED
City
Beed
District
Rajuri Bk
State
Maharashtra
City code
431
Bank code
570
Branch code
565
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 431570565 belongs to Maharashtra Gramin Bank, Rajuri Bk branch in Beed, Maharashtra. The matching IFSC code is MAHG0004537.

How to read MICR 431570565

  • 431: the city code. It usually follows the first digits of the area's PIN code; here it is Beed.
  • 570: the bank code, the same for every branch of Maharashtra Gramin Bank in cheque clearing.
  • 565: the branch code within that city and bank.

The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (MAHG0004537 for this branch).

Before you deposit or write a cheque

  • Check that the MICR on the cheque matches the branch printed at the top of the leaf.
  • Use a CTS-2010 cheque; older formats are no longer cleared.
  • Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.

Frequently asked questions

Which bank does MICR 431570565 belong to?

Maharashtra Gramin Bank, Rajuri Bk branch (Beed, Maharashtra).

What is the IFSC code for MICR 431570565?

MAHG0004537.

What do the digits of 431570565 mean?

431 is the city code, 570 the bank code and 565 the branch code.

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