MICR Code: 508211302

Bank: Axis Bank
IFSC Code: Utib0002616
MICR Code: 508211302
Address: Hno 4 113 10 Bharat Reddy Complex Nh 9 Main Road Kodad 508206
City: Nalgonda
District: Kodad
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 508211302.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Hno 4 113 10 Bharat Reddy Complex Nh 9 Main Road Kodad 508206.

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.