MICR Code: 522801602

Bank: Axis Bank
IFSC Code: Utib0sgub05
MICR Code: 522801602
Address: Lland Center Main Road Ponnur 522 124
City: Guntur
District: Ponnur
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 522801602.

  • In this case first three codes 522 is city code and it represents city Guntur.
  • Next three characters 801 represents bank Axis Bank.
  • Remaining characters which are 602 represents branch. In our case branch is located at address Lland Center Main Road Ponnur 522 124.

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.