MICR Code: 160211012

Bank: Axis Bank
IFSC Code: Utib0001132
MICR Code: 160211012
Address: Ground Floor & Basement, Sco 390, Sector 20, Panchkula, Haryana
City: Panchkula
District: Panchkula
State: Haryana

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 160211012.

  • In this case first three codes 160 is city code and it represents city Panchkula.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Ground Floor & Basement, Sco 390, Sector 20, Panchkula, Haryana.

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.