MICR Code: 389807001

Bank: Axis Bank
IFSC Code: Utib0sgucb1
MICR Code: 389807001
Address: Rana Vyas Marg Godhra Dis Panch Mahal 389001
City: Panch Mahals
District: Godhra
State: Gujarat

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 389807001.

  • In this case first three codes 389 is city code and it represents city Panch Mahals.
  • Next three characters 807 represents bank Axis Bank.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Rana Vyas Marg Godhra Dis Panch Mahal 389001.

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.