Bank of Maharashtra Payyannur
Payyannur · Kannur, Kerala
670014003 is the MICR code for the Payyannur branch of Bank of Maharashtra, located in Kannur, Kerala. 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 MAHB0002203.
Bank
Bank of Maharashtra
Branch & Address
Payyannur
Vi-718/d3, Kandoth Nh Perumba, Payyannur
Kannur, Payyannur, Kerala
Contact
+917306296326MICR Code Structure
670
City
014
Bank
003
Branch
City code 670 identifies the RBI clearing centre, bank code 014 identifies Bank of Maharashtra, and branch code 003 identifies this specific branch.
Online Payment Methods Supported
Other Bank of Maharashtra branches near Kannur
Other banks in Kannur, Kerala
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 (MAHB0002203) 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 670014003 is in the middle, and your account number is on the right.