MICR Code: 403211005

Bank: Axis Bank
IFSC Code: Utib0000187
MICR Code: 403211005
Address: Heritage, Grnd Flr, Swantantra Path Opp. Sapna Terraces Vasco- Da- Gama
City: South Goa
District: Mormugao
State: Goa

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 403211005.

  • In this case first three codes 403 is city code and it represents city South Goa.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Heritage, Grnd Flr, Swantantra Path Opp. Sapna Terraces Vasco- Da- Gama.

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.