MICR Code: 582211002

Bank: Axis Bank
IFSC Code: Utib0000413
MICR Code: 582211002
Address: Ceekay Towers,J.T. Mutt Road Near General Hospital
City: Gadak
District: Gadag
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 582211002.

  • In this case first three codes 582 is city code and it represents city Gadak.
  • Next three characters 211 represents bank Axis Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Ceekay Towers,J.T. Mutt Road Near General Hospital.

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.