MICR Code: 530211014

Bank: Axis Bank
IFSC Code: Utib0003247
MICR Code: 530211014
Address: Sri Ramasai Gayatri Arcade 48 6 20 Srinagar Opp Rama Talkies Visakhapatnam 530013
City: Visakhapatnam
District: Visakhapatnam
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 530211014.

  • In this case first three codes 530 is city code and it represents city Visakhapatnam.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Sri Ramasai Gayatri Arcade 48 6 20 Srinagar Opp Rama Talkies Visakhapatnam 530013.

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.