MICR Code: 530211012

Bank: Axis Bank
IFSC Code: Utib0003057
MICR Code: 530211012
Address: Sai Towers 45562 15 Ground Floor Narasimha Nagar Akkayyapalem Visakhapatnam Ap 530024
City: Vishakhapatnam
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 530211012.

  • In this case first three codes 530 is city code and it represents city Vishakhapatnam.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Sai Towers 45562 15 Ground Floor Narasimha Nagar Akkayyapalem Visakhapatnam Ap 530024.

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.