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Bank of Maharashtra Gorai

Gorai · Mumbai Suburban, Maharashtra

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400014024

400014024 is the MICR code for the Gorai branch of Bank of Maharashtra, located in Mumbai Suburban, Maharashtra. 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 MAHB0002840.

Bank

Bank of Maharashtra

Branch & Address

Gorai

Shop No. 7, 8, and 9, Gorai Bses Friends Society, Plot No. 4, L T Road, Gorai, Borivali West, Dist. - Mumbai Suburban, Maharashtra - 400092

Mumbai Suburban, Mumbai, Maharashtra

Contact

+919833009210

Codes for this Branch

MICR (cheques)

400014024

IFSC (online transfers)

MAHB0002840

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MICR Code Structure

400

City

014

Bank

024

Branch

City code 400 identifies the RBI clearing centre, bank code 014 identifies Bank of Maharashtra, and branch code 024 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Bank of Maharashtra branches near Mumbai Suburban

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 (MAHB0002840) 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 400014024 is in the middle, and your account number is on the right.

View full branch details for IFSC MAHB0002840