MICR Code: 530211004

Bank: Axis Bank
IFSC Code: Utib0000557
MICR Code: 530211004
Address: Plot No 4, 1 St Floor, Sector 10, Mvp Colony, Visakhapatnam, 530 017
City: Vishakapatnam
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 530211004.

  • In this case first three codes 530 is city code and it represents city Vishakapatnam.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 004 represents branch. In our case branch is located at address Plot No 4, 1 St Floor, Sector 10, Mvp Colony, Visakhapatnam, 530 017.

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.