MICR Code: 396504502

Bank: Axis Bank
IFSC Code: Utib0sbpp04
MICR Code: 396504502
Address: Sardar Bhiladwala Pardi Peoples Coop Bank Ltd Udwada Branchstation Road Udwada Rs 396185
City: Navsari
District: Udwada
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 396504502.

  • In this case first three codes 396 is city code and it represents city Navsari.
  • Next three characters 504 represents bank Axis Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Sardar Bhiladwala Pardi Peoples Coop Bank Ltd Udwada Branchstation Road Udwada Rs 396185.

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.