MICR Code: 494522002

Bank: Axis Bank
IFSC Code: Utib0sjsj01
MICR Code: 494522002
Address: District Co Op Bank, Jagdalpur, Chhattisgarh 494001
City: Bastar
District: Jagdalpur
State: Chandigarh

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 494522002.

  • In this case first three codes 494 is city code and it represents city Bastar.
  • Next three characters 522 represents bank Axis Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address District Co Op Bank, Jagdalpur, Chhattisgarh 494001.

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.