MICR Code: 500211027

Bank: Axis Bank
IFSC Code: Utib0001134
MICR Code: 500211027
Address: S. No. 66/4, Kamineni X Road,( Beside Modi Ford Showroom), L B Nagar, Hyderabad, Andhra Pradesh, Pin 500074
City: Rangareddy
District: L B Nagar
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 500211027.

  • In this case first three codes 500 is city code and it represents city Rangareddy.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 027 represents branch. In our case branch is located at address S. No. 66/4, Kamineni X Road,( Beside Modi Ford Showroom), L B Nagar, Hyderabad, Andhra Pradesh, Pin 500074.

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.