MICR Code: 574211501

Bank: Axis Bank
IFSC Code: Utib0002867
MICR Code: 574211501
Address: Suvarna Shopping Arcade Santhe Katte Belthangady Pincode 574214 Dakshina Kannada Ka
City: Dakshin Kannad
District: Belthangady
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 574211501.

  • In this case first three codes 574 is city code and it represents city Dakshin Kannad.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Suvarna Shopping Arcade Santhe Katte Belthangady Pincode 574214 Dakshina Kannada Ka.

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.