MICR Code: 493211501

Bank: Axis Bank
IFSC Code: Utib0001396
MICR Code: 493211501
Address: Axis Bank Ltd. Rajim Branch Raipur Devbhog Road, Near Gramin Bank, Ps: Rajim Pin: 493885 Chattisgarh
City: Raipur
District: Rajim
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 493211501.

  • In this case first three codes 493 is city code and it represents city Raipur.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Axis Bank Ltd. Rajim Branch Raipur Devbhog Road, Near Gramin Bank, Ps: Rajim Pin: 493885 Chattisgarh.

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.