Bank of Maharashtra Malout
Malout · Muktsar, Punjab
152014004 is the MICR code for the Malout branch of Bank of Maharashtra, located in Muktsar, Punjab. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code MAHB0002735.
Bank
Bank of Maharashtra
Branch & Address
Malout
Ward No. 13, Preet Nagar, G T Road, Near Convent School, Malout, Dist. - Sri Muktsar Sahib, Punjab - 152107
Muktsar, Sri Muktsar Sahib, Punjab
Contact
+919888798014MICR Code Structure
152
City
014
Bank
004
Branch
City code 152 identifies the RBI clearing centre, bank code 014 identifies Bank of Maharashtra, and branch code 004 identifies this specific branch.
Online Payment Methods Supported
Other Bank of Maharashtra branches near Muktsar
Other banks in Muktsar, Punjab
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (MAHB0002735) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 152014004 is in the middle, and your account number is on the right.