Bank of Maharashtra Devendra Nagar, Raipur
Devendra Nagar, Raipur · Raipur, Chhattisgarh
492014005 is the MICR code for the Devendra Nagar, Raipur branch of Bank of Maharashtra, located in Raipur, Chhattisgarh. 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 MAHB0001928.
Bank
Bank of Maharashtra
Branch & Address
Devendra Nagar, Raipur
D-60, Sector 3, Main Road, Devendranagar P.o. Raipurmain Road, Devendranagar P.o. Raipur
Raipur, Raipur, Chhattisgarh
Contact
+919109631928MICR Code Structure
492
City
014
Bank
005
Branch
City code 492 identifies the RBI clearing centre, bank code 014 identifies Bank of Maharashtra, and branch code 005 identifies this specific branch.
Online Payment Methods Supported
Other Bank of Maharashtra branches near Raipur
Other banks in Raipur, Chhattisgarh
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 (MAHB0001928) 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 492014005 is in the middle, and your account number is on the right.