MICR Code: 505211102

Bank: Axis Bank
IFSC Code: Utib0002112
MICR Code: 505211102
Address: No.1-5-127, Karimnagar Road, Near New Bus Stand, Jagtial, Dist. Karimnagar. Andhra Pradesh, Pin 505327
City: Karimnagar
District: Jagtial
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 505211102.

  • In this case first three codes 505 is city code and it represents city Karimnagar.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address No.1-5-127, Karimnagar Road, Near New Bus Stand, Jagtial, Dist. Karimnagar. Andhra Pradesh, Pin 505327.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.