MICR Code: 590211005

Bank: Axis Bank
IFSC Code: Utib0002941
MICR Code: 590211005
Address: No 1938 Kadolkar Galli Belgaum
City: Belgaum
District: Belgaum
State: Karnataka

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 590211005.

  • In this case first three codes 590 is city code and it represents city Belgaum.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address No 1938 Kadolkar Galli Belgaum.

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.