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MICR code · Beed

MICR code 431570575

MICR code
431570575
Maharashtra Gramin Bank, Raimoha
✔ Verified in RBI list
Bank
Maharashtra Gramin Bank
Branch
Raimoha
IFSC
MAHG0004536
Address
AT RAIMOHA TQ SHIRUR DIST BEED
City
Beed
District
Raimoha
State
Maharashtra
City code
431
Bank code
570
Branch code
575
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 431570575 belongs to Maharashtra Gramin Bank, Raimoha branch in Beed, Maharashtra. The matching IFSC code is MAHG0004536.

How to read MICR 431570575

  • 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.
  • 575: 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 (MAHG0004536 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 431570575 belong to?

Maharashtra Gramin Bank, Raimoha branch (Beed, Maharashtra).

What is the IFSC code for MICR 431570575?

MAHG0004536.

What do the digits of 431570575 mean?

431 is the city code, 570 the bank code and 575 the branch code.

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