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MICR code · Jalgaon

MICR code 424570501

MICR code
424570501
Maharashtra Gramin Bank, Amadade
✔ Verified in RBI list
Bank
Maharashtra Gramin Bank
Branch
Amadade
IFSC
MAHG0005504
Address
AT AMADADE TQ DIST JALGAON
City
Jalgaon
District
Amadade
State
Maharashtra
City code
424
Bank code
570
Branch code
501
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 424570501 belongs to Maharashtra Gramin Bank, Amadade branch in Jalgaon, Maharashtra. The matching IFSC code is MAHG0005504.

How to read MICR 424570501

  • 424: the city code. It usually follows the first digits of the area's PIN code; here it is Jalgaon.
  • 570: the bank code, the same for every branch of Maharashtra Gramin Bank in cheque clearing.
  • 501: 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 (MAHG0005504 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 424570501 belong to?

Maharashtra Gramin Bank, Amadade branch (Jalgaon, Maharashtra).

What is the IFSC code for MICR 424570501?

MAHG0005504.

What do the digits of 424570501 mean?

424 is the city code, 570 the bank code and 501 the branch code.

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